Brief: Cint Expects Improved Profitability In H2

Cint AB (publ)

19/07/2024 07:13

July 19 (Reuters) - Cint Group AB (publ)  CINT.ST :
    * EXPECT SECOND HALF OF 2024 TO DELIVER IMPROVED
PROFITABILITY,
DUE TO HIGHER SEASONAL SALES COMBINED WITH IMPACT OF COST
REDUCTION DESCRIBED ABOVE
    * EXPECT TYPICAL SEASONAL SALES PATTERN TO PERSIST, WITH
STRONGER
PERFORMANCE IN SECOND HALF OF YEAR COMPARED TO FIRST
    * Q2 PRO FORMA BASIS NET SALES DECREASED BY 2.0 PERCENT TO
EUR
42.1M (42.9 PRO FORMA)
    * Q2 EBITA AMOUNTED TO EUR 7.1M (6.3)

Source text for Eikon:  ID:nMFNc3DWsP 
Further company coverage:  CINT.ST 

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