Brief: Cellularline Says FY 2021 Revenue Of Euro 110.6 Mln Vs Euro 104.5 Mln At 31 Dec 2020

Cellularline SpA

17/03/2022 18:21

March 17 (Reuters) - Cellularline SpA  CELL.MI :
    * FY 2021 ADJUSTED EBITDA3 OF EURO 16.1 MILLION (EURO 15.1
MILLION
AT 31 DECEMBER 2020)
    * FY2021 REVENUE FROM SALES OF EURO 110.6 MILLION VERSUS
EURO
104.5 MILLION AT 31 DECEMBER 2020
    * PROPOSAL TO AUTHORISE A NEW SHARE BUY BACK PLAN
    * TREND FOR REMAINING MONTHS OF 2022 WILL BE INFLUENCED BY
PANDEMIC AND EFFECTS THAT WAR IN UKRAINE MAY HAVE ON GLOBAL
ECONOMY
    * MANAGEMENT FORESEES GROWTH IN 2022 IN BOTH REVENUES AND
MARGINS,
WITH A GRADUAL REDUCTION IN LEVEL OF NET FINANCIAL INDEBTEDNESS
    * PURCHASE MAY TAKE PLACE UP TO A MAXIMUM NUMBER OF ORDINARY
SHARES THAT DOES NOT EXCEED 7.0% OF SHARE CAPITAL IN TOTAL

Source text for Eikon:  ID:nBIA6wJDcn 
Further company coverage:  CELL.MI 

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