Brief: AST Groupe FY EBITDA Turns To Loss Of 5.6 Million Euros

AST Groupe SA

28/03/2023 06:44

March 28 (Reuters) - AST Groupe SA  ALAST.PA :
    * 2022 ANNUAL RESULTS
    * FY CASH POSITION OF EUR 29 MILLION AND DEBT UNDER CONTROL
    * FY REVENUE EUR 155.8 MILLION VERSUS EUR 159.9 MILLION YEAR
AGO
    * THE GROUP REMAINS CONFIDENT IN ITS ABILITY TO IMPROVE ITS
OPERATING MARGIN AS EARLY AS 2023 AND EVENTUALLY RETURN TO
PROFITABLE GROWTH
    * FY NET LOSS EUR 9.1 MILLION VERSUS PROFIT EUR 0.1 MILLION
YEAR
AGO
    * END-DEC ORDER BOOK OF EUR 329 MILLION
    * 2022 EBITDA STANDS AT - EUR 5.6 MILLION, PENALIZED BY
DETERIORATION IN MARGINS AND PROVISIONS OF LATE PAYMENT
PENALTIES

Source text for Eikon:  ID:nNDLbxK9Wn 
Further company coverage:  ALAST.PA 

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