Brief: Cint Q1 Adjusted EBITDA Rises To EUR 8.1 Mln

Cint AB (publ)

03/05/2022 07:06

May 3 (Reuters) - Cint Group AB (publ)  CINT.ST :
    * A GREAT START TO 2022 WITH INTEGRATION AHEAD OF PLAN
    * Q1 NET SALES INCREASED BY 139.3 PERCENT TO EUR 67.3M
(28.1)
    * Q1 GROSS PROFIT AMOUNTED TO EUR 41.3M (14.5) WITH A GROSS
MARGIN
OF 61.3 PERCENT (51.5)
    * Q1 ADJUSTED EBITDA AMOUNTED TO EUR 8.1M (5.5)
    * WE FEEL CONFIDENT ABOUT OUR FINANCIAL TARGETS OF REACHING,
AND
THEN MAINTAINING, ANNUAL ORGANIC SALES GROWTH OF AT LEAST 25
PERCENT IN MEDIUM TERM WHILE DELIVERING AT LEAST 25 PERCENT
EBITDA MARGIN

Source text for Eikon:  ID:nWkrbncH10 
Further company coverage:  CINT.ST 

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