Brief: BEWI Q1 Adjusted EBITDA Increases To EUR 34.4 Million

Bewi ASA

20/05/2022 06:05

May 20 (Reuters) - Bewi ASA  BEWI.OL :
    * RESULTS FOR THE FIRST QUARTER OF 2022
    * Q1 NET SALES EUR 230.2 MILLION VERSUS EUR 148.9 MILLION
YEAR AGO
    * Q1 ADJUSTED EBITDA EUR 34.4 MILLION VERSUS EUR 16.7
MILLION YEAR
AGO
    * AS RAW MATERIAL PRICES ARE EXPECTED TO STABILISE OR
SLIGHTLY
DECREASE, COMPANY EXPECTS TO SEE IMPROVED PROFITABILITY FROM ITS
DOWNSTREAM UNITS, WHILE SOMEWHAT LOWER MARGINS FOR ITS UPSTREAM
SEGMENT RAW

Source text for Eikon:  ID:nWkr6KKMqV 
Further company coverage:  BEWI.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))