Brief: Aalberts H1 EBITA Up At 226 Million Euros

Aalberts

22/07/2021 06:38

July 22 (Reuters) - Aalberts NV  AALB.AS :
    * AALBERTS REALISES EUR 1.51 BILLION REVENUE WITH AN EBITA
MARGIN
OF 14.9%
    * OUR REVENUE REACHED A LEVEL OF EUR 1,511 MILLION WITH AN
ORGANIC
REVENUE GROWTH OF 20.1%
    * WE REALISED AN EBITA OF EUR 226 MILLION WITH AN EBITA
MARGIN OF
14.9%. OUR NET PROFIT BEFORE AMORTISATION INCREASED WITH 97% TO
EUR 169 MILLION, PER SHARE EUR 1.52
    * IN DECEMBER 2021 WE WILL GIVE AN UPDATE OF OUR STRATEGY
'FOCUSED
ACCELERATION' DURING A CAPITAL MARKETS DAY, COMBINED WITH AN
INNOVATION EXPERIENCE
    * WE CONTINUE OUR BUSINESS DEVELOPMENT AND INNOVATION
INITIATIVES,
DRIVING OUR SUSTAINABLE PROFITABLE GROWTH
    * WE STARTED SECOND HALF OF YEAR WITH A GOOD ORDERBOOK
    * OUR CAPITAL EXPENDITURE IN ORGANIC GROWTH, INNOVATIONS AND
OPERATIONAL EXCELLENCE WILL BE INCREASED
    * WE CONTINUE TO OPTIMISE OUR PORTFOLIO AND STRENGTHEN OUR
MARKET
POSITIONS WITH BOLT-ON ACQUISITIONS
    * H1 REVENUE EUR 1.51 BILLION VERSUS EUR 1.29 BILLION YEAR
AGO
    * H1 EBITA EUR 226 MILLION VERSUS EUR 122 MILLION YEAR AGO
    * H1 NET PROFIT BEFORE AMORTISATION EUR 169 MILLION VERSUS
EUR 86
MILLION YEAR AGO
    * OUR PORTFOLIO IS OPTIMISED WITH TWO ACQUISITIONS AND TWO
DIVESTMENTS
    * H1 ACQUISITIONS SENTINEL AND PREMIER THERMAL, DIVESTMENTS
ADEX
AND LASCO

Source text for Eikon:  ID:nGNX4vZH5m 
Further company coverage:  AALB.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))