Brief: Adentra Says Q1 Sales Rose 10.1% to $579.9 Mln

ADENTRA

12/05/2023 24:06

May 11 (Reuters) - Adentra Inc  ADEN.TO :
    * ADENTRA ANNOUNCES FIRST QUARTER 2023 RESULTS
    * QTRLY GENERATED SALES OF $579.9 MILLION (C$783.6 MILLION),
A
10.1% DECREASE FROM Q1 2022
    * QTRLY ADJUSTED BASIC EARNINGS PER SHARE WERE $0.48(C$0.65)
    * Q1 EARNINGS PER SHARE CAD 0.42
    * EXPECT OUR 2023 FINANCIAL PERFORMANCE WILL NOT BE AS
STRONG AS
RECORD-SETTING LEVELS ACHIEVED LAST YEAR
    * DEMAND OUTLOOK FOR U.S. COMMERCIAL MARKETS IS MIXED, WITH
SOME
SECTORS SHOWING STRENGTH & OTHERS RECOVERING AT SLOWER PACE

Source text for Eikon:  ID:nCNWsjdsla 
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