Brief: Befesa 9-Month Adjusted EBITDA At EUR 164 Mln

Befesa SA

27/10/2022 06:36

Oct 27 (Reuters) - BEFESA SA  BFSA.DE :
    * NINE MONTHS ADJUSTED EBITDA 164.0 MILLION EUR
    * BEFESA CONTINUES TO DELIVER STRONG RESULTS WITH 9M'22 UP
20% YOY
AND CONFIRMS FY GUIDANCE TOWARDS LOWER END
    * Q3'22 ADJUSTED EBITDA AT EUR 46M, +8% OR +EUR 3M YOY
(Q3'21: EUR
43M)
    * FY2022 EBITDA GUIDANCE RANGE CONFIRMED TOWARDS LOWER END
    * 9M'22 ADJUSTED EBITDA AT EUR 164M, +20% OR +EUR 27M YOY
(9M'21:
EUR 137M)
    * DISTRIBUTED EUR 50M DIVIDEND EQUAL TO 50% OF PRIOR YEAR
NET
PROFIT AND EUR 1.25 PER SHARE
    * ACQUISITION OF ZINC REFINING ASSET IN US SUCCESSFULLY
COMPLETED
AT $47M
    * CHINA EXPANSION: PROGRESS CONTINUED, FINALISING
COMMISSIONING OF
2^ND PLANT IN Q4

Source text for Eikon:  ID:nEQbWCjD9a 
Further company coverage:  BFSA.DE 
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