Brief: B&S H1 EBITDA Rises TO EUR 42.2 Mln

B&S SA

21/08/2023 06:13

Aug 21 (Reuters) - B&S Group SA  BSGR.AS :
    * HY OVERALL TURNOVER INCREASED BY 7.6% TO EUR 1,057.5 M
(6.9% ON
A CONSTANT CURRENCY BASIS)
    * H1 GROSS PROFIT INCREASED BY 13.5% TO EUR 157.7 MLN IN HY
2023,
WITH A GROSS PROFIT MARGIN OF  14.9% (HY 2022: 14.1%)
    * H1 NET PROFIT AMOUNTED TO EUR 12.2 M (HY 2022: EUR 16.7 M)
    * H1 EBITDA INCREASED TO EUR 42.2 M  (HY 2022: EUR 40.8 M)
    * OUTLOOK: TURNOVER FOR THE GROUP IS EXPECTED TO INCREASE
MARGINALLY IN THE SECOND HALF OF THE YEAR, COMPARED TO THE
SECOND HALF OF 2022
    * WE EXPECT THE CHALLENGING MARKET CONDITIONS IN SEVERAL OF
OUR
MARKETS TO CONTINUE, WHILE WE REMAIN CONFIDENT ABOUT THE
UNDERLYING TRENDS AND LONGER-TERM OUTLOOK - CEO
    * OUTLOOK: EXPECT THE REPORTED EBITDA MARGIN FOR 2023 TO BE
AROUND
5%

Source text: [ID: https://bit.ly/3YGAnr4]
Further company coverage:  BSGR.AS 

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