Brief: Arverne Group Sees 2024 Gross Business Volume Reaching €16-18 Mln

Arverne SA

28/03/2024 06:45

March 28 (Reuters) - Arverne Group SA  ARVEN_p.PA :
    * RESTATING 2027 AND 2030 AMBITIONS IN GEOTHERMAL ENERGY AND
GEOTHERMAL LITHIUM
    * OUTLOOK 2024: GROSS BUSINESS VOLUME TO REACH BETWEEN
€16-18
MILLION AT END OF 2024
    * CONSOLIDATED REVENUES AT END 2023 TOTALLED €10.1 MILLION,
DOWN
6% COMPARED TO PREVIOUS FINANCIAL YEAR
    * OUTLOOK 2024: CAPEX DEPLOYMENT OF AROUND €50 MILLION
    * FY CURRENT EBITDA (EXCLUDING EXCEPTIONAL ITEMS) AMOUNTS TO
-€11,9  MILLION
    * FY NET INCOME STANDS AT -€53.8 MILLION
    * TOTAL ASSETS ROSE SHARPLY IN 2023, FROM €20.7 MILLION TO
€219.5
MILLION

Further company coverage:  ARVEN_p.PA 

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