Brief: AMG FY Operating Result Turns To Profit Of EUR 10.9 Mln

Auplata Mining SA

25/05/2022 07:08

May 25 (Reuters) - AUPLATA MINING GROUP SA  ALAMG.PA :
    * FY REVENUE EUR 74.1 MILLION VERSUS EUR 49.2 MILLION YEAR
AGO
    * FY OPERATING PROFIT EUR 10.9 MILLION VERSUS LOSS OF EUR
5.3
MILLION YEAR AGO
    * FY NET LOSS EUR 7.4 MILLION VERSUS LOSS EUR 17.5 MILLION
YEAR
AGO
    * FROM BEGINNING OF 2022, ACTIVITIES IN PERU SHOWED A MARKED
IMPROVEMENT COMPARED TO THE INITIAL FORECASTS OF THE GROUP,
MAKING IT POSSIBLE TO ENVISAGE A POSITIVE OPERATING RESULT
    * AIMS FOR AN INCREASE IN CONSOLIDATED REVENUE FOR FY 2022
    * INCREASE IN CONSUMABLE PRICES AND SUPPLY RISKS MAY IMPACT
THE
PRODUCTION OF GROUP COMPANIES
    * FOR 2022, TARGETS INCREASE IN TURNOVER OF AMG PERU AND CMT
ENTITIES, HIGH METAL SALES PRICES, AND DECLINE IN TURNOVER WITH
REGARD TO ACTIVITIES IN FRENCH GUIANA
    * AIMS FY 2022 POSITIVE CURRENT OPERATING INCOME FOR ALL
GROUP'S
OPERATING ENTITIES ON LIKE-FOR-LIKE BASIS, IE AMG GUYANA, AMG
PERU AND CMT

Source text for Eikon:  ID:nACT74735 
Further company coverage:  ALAMG.PA 

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