Brief: Ariston Holding Says Qtrly Net Revenues Amount To 621 Million Euro, Down 19%

Ariston Holding

25/07/2024 18:23

July 25 (Reuters) - Ariston Holding NV  ARIS.MI :
    * NET REVENUES AMOUNT TO 621 MILLION EURO, DOWN 19% VERSUS
766
MILLION EURO IN Q2 2023
    * REVIEWS DOWNWARD ITS 2024 GUIDANCE
    * NET RESULT WILL BE IMPACTED BY IMPAIRMENT COMING FROM
ARISTON
THERMO RUSSIA DECONSOLIDATION
    * QTRLY ADJUSTED EBIT STANDS AT 27 MILLION EURO, DOWN 66%
VERSUS
80 MILLION EURO
    * REVIEWS DOWNWARD ITS 2024 GUIDANCE
    * SEES FY 2024 CONSOLIDATED NET REVENUES MIGHT REGISTER A
DECREASE
BETWEEN -12% AND -15% VERSUS 2023
    * ADJUSTED EBIT MARGIN COULD STAND AT CIRCA 6% (VERSUS
PREVIOUS
LOWER PART OF RANGE BETWEEN 9.4% AND 10%) FOR FY

Source text for Eikon:  ID:nINFb0n9Zq 
Further company coverage:  ARIS.MI 

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