Brief: Campine Expects Higher Profits For 2022

Campine NV

04/01/2023 09:35

Jan 4 (Reuters) - Campine NV  CAMB.BR :
    * CAMPINE'S 2022 PROFITS HIGHER THAN EXPECTED
    * EXPECTS HIGHER PROFITS FOR 2022 DUE TO SUCCESSFUL
INTEGRATION OF
NEW FACTORIES ACQUIRED FROM RECYLEX S.A. GROUP IN FRANCE
    * CAMPINE'S 2022 TOTAL CONSOLIDATED REVENUES ARE EXPECTED TO
BE
APPROXIMATELY 315 MEUR, UP 40% FROM 226 MEUR IN 2021
    * 2022 EBITDA IS FORECASTED TO AMOUNT TO APPROXIMATELY 27
M€, UP
ROUGHLY 20% FROM THE 22.6 M€ IN 2021
    * 2022 EBITDA IS IMPACTED BY A POSITIVE NON-RECURRING
NON-CASH
EFFECT OF 8 MEUR RESULTING FROM VALUATION OF ASSETS AND
LIABILITIES OF NEW FRENCH PLANTS IN ACCORDANCE WITH IFRS 3 AND
IFRS 13 REGULATIONS

Source text for Eikon:  ID:nGNEW0n8t 
Further company coverage:  CAMB.BR 
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