Brief: Balta Q3 Adjusted EBITDA Down At 21.0 Million Euros

Belysse NV

29/10/2021 06:27

Oct 29 (Reuters) - BALTA GROUP NV  BALTA.BR :
    * Q3 CONSOLIDATED REVENUE OF €151.5M, HIGHER THAN Q3 2020 BY
€7.1M
(+4.9% YOY)
    * Q3 ADJUSTED EBITDA SLIGHTLY REDUCED TO €21.0M FROM €21.8M
IN Q3
OF LAST YEAR (-4.0% YOY), WITH AN ADJUSTED EBITDA MARGIN OF
13.8% VERSUS 15.1% IN Q3 2020
    * NET DEBT AT THE END OF Q3 2021 INCREASED BY 9.4% TO
€322.5M
COMPARED TO THE END OF H1 2021
    * TOTAL AVAILABLE LIQUIDITY AMOUNTED TO €71.1M AT THE END OF
Q3
2021, COMPRISING CASH OF €53.6M AND €17.5M HEADROOM UNDER OUR
REVOLVING CREDIT FACILITIES
    * NET CASHFLOW DURING Q3 2021 SAW AN OUTFLOW OF €33.8M

Source text: https://bit.ly/3pNQTpC
Further company coverage:  BALTA.BR 

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