Brief: Befesa FY Total Revenue Up By 4% At EUR 1.18 Bln

Befesa SA

29/02/2024 06:30

Feb 29 (Reuters) - BEFESA SA  BFSA.DE :
    * FY TOTAL REVENUE UP BY 4% AT EUR 1.18 BILLION VERSUS EUR
1.14
BILLION IN 2022
    * FY ADJUSTED EBITDA AT EUR 182 MILLION VERSUS EUR 215
MILLION IN
2022
    * FY EPS AT EUR 1.45 VERSUS EUR 2.66 IN 2022
    * FY NET PROFIT AT EUR 58 MILLION VERSUS EUR 106.2 MILLION
IN 2022
    * PROPOSES 2023 DIVIDEND OF EUR 0.73 PER SHARE
    * OUTLOOK 2024: WILL BE RELEASED ALONGSIDE Q1 RESULTS, ON 25
APRIL
    * OUTLOOK 2024: STRONG GROWTH EXPECTED AS MANY OF 2023
HEADWINDS
SHOULD SUBSIDE IN 2024 DUE TO TEMPORARY NATURE OF EXTERNAL
PRESSURES
    * CHINA: BEFESA CONTINUES ITS NEGOTIATIONS WITH MAJOR
STEELMAKERS
IN REGION TO SECURE EAF DUST SUPPLY

Further company coverage:  BFSA.DE 

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