Brief: Azelis Reports Q1 Revenue Of EUR 1.1Bn, Down 3.8% Year-On-Year

Azelis NV

25/04/2024 06:07

April 25 (Reuters) - Azelis Group NV  AZE.BR :
    * AZELIS - Q1 REVENUE OF EUR 1.1BN, REPRESENTING
YEAR-ON-YEAR
DECREASE OF 3.8%
    * AZELIS - Q1 GROSS PROFIT OF EUR 260.6M REFLECTS A 47 BP
GROSS
MARGIN EXPANSION TO 24.8%
    * AZELIS - Q1 ADJUSTED EBITA WAS EUR 124.3M
    * AZELIS - Q1 LEVERAGE RATIO WAS 2.7X AT END OF MARCH 2024
    * AZELIS - Q1 FREE CASH FLOW OF EUR 114.5M, REPRESENTING A
CASH
CONVERSION RATIO OF 91%

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Further company coverage:  AZE.BR 

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