Brief: Ackermans & Van Haaren End-Sept Net Cash Position Up At Eur 542.7 Mln

Ackermans & Van Haaren NV

23/11/2023 06:26

Nov 23 (Reuters) - Ackermans & Van Haaren NV  ACKB.BR :
    * CFE: COMBINED INCREASE IN INTEREST RATES AND CONSTRUCTION 
COSTS, SHORT-TERM DECLINE IN MOBIX’S RAIL BUSINESS, OPERATIONAL
CHALLENGES ON LIMITED NUMBER OF SITES, WILL HAVE NEGATIVE IMPACT
ON CFE’S NET RESULT FOR 2023 
    * CFE'S NET RESULT FOR 2023 WILL BE LARGELY POSITIVE BUT
CONSIDERABLY LOWER THAN IN 2022
    * ON TRACK TO POST A SOLID SET OF RESULTS FOR FULL YEAR 2023
    * CONTRIBUTION FROM CORE SEGMENTS OF GROUP IS EXPECTED TO
FURTHER
IMPROVE ON RECORD LEVEL OF 354.4 MILLION EUROS OF 2022
    * AT END SEPTEMBER, NET CASH POSITION OF 524.7 MILLION
EUROS,
COMPARED TO 510.9 MILLION EUROS AT THE END OF JUNE 2023 AND
498.7 MILLION EUROS AT THE END OF 2022

Source text for Eikon:  ID:nGNE78r2NW 
Further company coverage:  ACKB.BR 

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