Brief: ABO-Group Environment H1 Net Profit Up At EUR 1.2 Mln

ABO-Group Environment NV

16/09/2022 17:45

Sept 16 (Reuters) - Abo-Group Environment NV  ABO.BR :
    * H1: 16% GROWTH IN REVENUE TO EUR 36.8 MILLION
    * END-H1 NET DEBT INCREASED TO EUR 14.2 MILLION, DUE TO
ACQUISITIONS AND CONTINUED INVESTMENTS
    * H1 EBITDA INCREASED WITH 39% FROM EUR 3.9 TO EUR 5.4
MILLION,
RESULTING IN A MARGIN OF 15%
    * H1 NET PROFIT EUR 1.2 MILLION VERSUS EUR 0.4 MILLION YEAR
AGO
    * OUTLOOK: FURTHER INCREASE IN PFAS RESEARCH AND GUIDANCE ON
ENVIRONMENTAL REGULATION
    * OUTLOOK: CONTINUED FOCUS ON M&A TO ADDITIONALLY SUPPORT
ORGANIC
GROWTH
    * BOARD AND OPERATIONAL MANAGEMENT CONFIRM THEIR CONFIDENCE
IN ITS
PLAN TO REACH REVENUE CAP OF EUR 100 MILLION BY END OF 2025 AT
LATEST

Source text for Eikon:  ID:nGNE3nnNRd 
Further company coverage:  ABO.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))