Brief: Bilendi FY EBITDA Up At EUR 12.9 Million

Bilendi SA

04/04/2023 17:10

April 4 (Reuters) - Bilendi SA  ALBLD.PA :
    * TAKING INTO ACCOUNT THE SUCCESSFUL INTEGRATION OF
RESPONDI, FY
OPERATING RESULT AMOUNTED TO €6.2 MILLION, AND THE NET INCOME
(GROUP SHARE) AMOUNTED TO €3.9 MILLION (ADDS DETAILS)
    * ACQUISITION OF RESPONDI RESULTED IN AMORTISATION OF ASSETS
FOR
ADDITIONAL AMOUNT OF €1.25 MILLION OVER YEAR 2022, FOLLOWING
ALLOCATION OF PURCHASE PRICE (ADDS DETAILS)
    * FY REVENUES EUR 61.5 MILLION
    * 2022 RESULTS: STRONG INCREASE IN PROFITABILITY
    * FY EBITDA EUR 12.9 MILLION VERSUS EUR 10.9 MILLION YEAR
AGO
    * FY ADJUSTED NET INCOME GROUP SHARE EUR 4.8 MILLION
    * CONTINUED ANTICIPATED GROWTH TRAJECTORY IN 2023
    * AT 31 DECEMBER 2022, GROUP ENJOYED SOLID FINANCIAL
STRUCTURE
WITH CASH OF €13.2 MILLION, NET DEBT OF €0.2 MILLION (COMPARED
TO €2.1 MILLION AT THE END OF 2021), AND SHAREHOLDERS' EQUITY OF
€32.7 MILLION (COMPARED WITH €28.9 MILLION AT THE END OF 2021)
    * REAFFIRMS ITS AMBITION TO REACH BY 2026 A REVENUE OF €100
MILLION, AND AN EBITDA OF 20 TO 25% OF REVENUE, I.E. €20 TO €25
MILLION, COMBINING ORGANIC DEVELOPMENT AND TARGETED ACQUISITIONS

Source text for Eikon:  ID:nEQ7VrHfca 
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