Brief: FL Entertainment Q1 Adjusted EBITDA At EUR 145 Mln

Banijay NV

30/05/2023 16:49

May 30 (Reuters) - FL Entertainment NV  FLE.AS :
    * Q1 REVENUE UP +1.1% TO EUR 900M
    * ADJUSTED EBITDA STABLE AT EUR 145M IN Q1 2023, RESULTING
IN AN
EBITDA MARGIN OF 16.1%
    * 2023 GUIDANCE AND MID-TERM OBJECTIVES CONFIRMED
    * NET FINANCIAL DEBT OF EUR 2,084M AT 31 MARCH 2023; STABLE
LEVERAGE RATIO OF 3.1X COMPARED TO 31 DECEMBER 2022 AND STRONG
LIQUIDITY POSITION OF EUR 452M
    * Q1 ADJUSTED NET INCOME UP +5.3% TO EUR 70M VERSUS Q1 2022
    * IS ON TRACK TO DELIVER CONTINUED PROFITABLE GROWTH IN 2023
AND
BEYOND

Source text for Eikon:  ID:nGNE8YlJN3 
Further company coverage:  FLE.AS 

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