Brief: ABO-Group FY Net Profit Stable At EUR 2.1 Mln

ABO-Group Environment NV

25/03/2022 17:39

March 25 (Reuters) - Abo-Group Environment NV  ABO.BR :
    * FY REVENUE ROSE 28 PERCENT TO 63.1 MILLION EUR
    * FY EBITDA INCREASES FROM EUR 7.5 TO EUR 8.1 MILLION
    * FY NET PROFIT EUR 2.1 MILLION VERSUS EUR 2.1 MILLION YEAR
AGO
    * THE NET CASH FLOW FROM OPERATING ACTIVITIES AMOUNTED TO
EUR 6.8
MILLION
    * NET FINANCIAL DEBT REMAINS LOW AT EUR 9.3 MILLION, DESPITE
ACQUISITIONS AND INVESTMENTS
    * 2022 STARTED WITH MOMENTUM FROM 2021, WITH A FIRST
ACQUISITION
BEING AN INDICATOR OF FURTHER GROWTH AMBITIONS
    * OUTLOOK: PRIORITY GIVEN TO THE DEVELOPMENT OF EXPERT TEAMS
IN
THE DIFFERENT NICHES IN OUR THREE DOMESTIC MARKETS
    * OUTLOOK: ON-TRACK TO ACHIEVE TARGETED DEVELOPMENT THAT WAS
OUTLINED LAST YEAR, WITH AIM OF REACHING REVENUE CAP OF EUR 100
MILLION BY END OF 2025 AT LATEST - BOD

Source text for Eikon:  ID:nGNEJ927W 
Further company coverage:  ABO.BR 

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