Brief: Abeo Q4 Revenue Up At EUR 65.6 Mln

Abeo SA

16/05/2023 17:19

May 16 (Reuters) - Abeo SA  ABEO.PA :
    * RECORD Q4 REVENUE OF EUR 65.6M - ANNUAL REVENUE UP 16.3%
IN LINE
WITH GROWTH TRAJECTORY - SOLID ORDER INTAKE OF EUR 238.6M IN FY
2022/23
    * GROUP EXPECTS TO REPORT AN EBITDA LEVEL IN LINE WITH FIRST
HALF
FOR FULL YEAR ENDED 31 MARCH 2023
    * FREE CASH-FLOW WILL IMPROVE SIGNIFICANTLY IN SECOND HALF
DUE TO
A RETURN TO A MORE NORMAL LEVEL OF WORKING CAPITAL
    * IN MEDIUM TERM, NEW PARTNERSHIPS SIGNED FOR MAJOR SPORT
EVENTS
WILL BENEFIT ABEO GROUP AND SUPPORT GROWTH

Source text for Eikon:  ID:nACT80030 
Further company coverage:  ABEO.PA 

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