Brief: Campine NV H1 EBITDA Up At EUR 13.5 Mln

Campine NV

29/08/2022 07:07

Aug 29 (Reuters) - Campine NV  CAMB.BR :
    * DURING THE FIRST HALF OF 2022, CAMPINE REALISED A TURNOVER
OF
155.6 MIO €, WHICH IS AN INCREASE OF 46% COMPARED TO THE FIRST
SEMESTER OF 2021
    * H1 EBITDA AMOUNTED TO 13.5 MIO EUR , WHICH IS AGAIN A
RECORD
RESULT FOR CAMPINE FOR FIRST SIX MONTHS OF YEAR.
    * IS AGAIN EXPECTING A PARTICULARLY GOOD RESULT FOR 2022
    * DEPENDING ON METAL PRICE EVOLUTION, A SIMILAR RESULT TO
2021 IS
ANTICIPATED FOR BEERSE SITE.
    * IN THE SPECIALTY CHEMICALS DIVISION, PRESSURE ON MARGINS
IS
EXPECTED IN THE SECOND SEMESTER OF THE YEAR
    * IN THE METALS RECYCLING DIVISION DEMAND REMAINS GOOD, BUT
CAMPINE, LIKE MANY COMPANIES, IS STRUGGLING WITH PERSONNEL
SHORTAGES, WHICH MAY HAVE AN IMPACT ON OUTPUT VOLUMES
    * BEERSE SITE OUTLOOK DOES NOT TAKE INTO ACCOUNT RESULTS OF
NEW
CAMPINE FRANCE IN 2ND HALF OF YEAR AND POSSIBLE NON-RECURRING
COSTS OR REVENUES RESULTING FROM ACQUISITION ON 7 JULY 2022 OF
EX-RECYLEX SITES BY CAMPINE.

Source text for Eikon:  ID:nGNE66FRyR 
Further company coverage:  CAMB.BR 

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