Brief: Atland H1 Restated Recurring EBITDA Up At EUR 14.5 Mln

Atland SA

01/08/2022 07:37

Aug 1 (Reuters) - ATLAND SA  ATLD.PA 
    * H1 INCREASE IN TURNOVER BY 12% TO €86.0 MILLION
    * SOUND FINANCIAL STRUCTURE ENSURING GOOD VISIBILITY: LTVA1
CONTROLLED AT 35% AND CASH FLOW CONSOLIDATED CASH POSITION OF
€136M
    * H1 RESTATED RECURRING EBITDA UP 26% TO €14.5M
    * H1 GROWTH IN CONSOLIDATED NET INCOME (GROUP SHARE) OF 34%
TO
€5.2 MILLION
    * GIVEN AN INFLATIONARY AND MORE UNCERTAIN ENVIRONMENT,
GROUP WILL
BE PARTICULARLY ATTENTIVE TO THE EVOLUTION OF ITS COSTS
    * OUTLOOK: DEVELOPMENT OF ASSET MANAGEMENT THROUGH
SUBSIDIARIES
    * OUTLOOK: GIVEN DIFFICULT MARKET CONDITIONS, GROUP RELIES
ON
MULTI-BUSINESS MODEL, SOLID FINANCIAL SITUATION

Further company coverage:  ATLD.PA 

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