Brief: Colas Q1 Revenue Up At EUR 2.6 Bln

COLAS SA

16/05/2023 07:07

May 16 (Reuters) - Colas Sa  COLP.PA :
    * 1ST QUARTER 2023 RESULTS
    * CURRENT OPERATING PROFIT FROM ACTIVITIES AT -€301 MILLION
COMPARED TO -€291 MILLION IN Q1 2022
    * REVENUE OF €2.6BN, UP 9% AT CONSTANT SCOPE AND EXCHANGE
RATES
COMPARED TO Q1 2022
    * NET PROFIT ATTRIBUTABLE TO THE GROUP AT -€253 MILLION
COMPARED
TO -€232 MILLION IN Q1 2022
    * Q1 ORDER BACKLOG AT A RECORD LEVEL OF €13 BILLION, UP 10%
ON THE
PRIOR YEAR AT CONSTANT EXCHANGE RATES AND EXCLUDING MAJOR
ACQUISITIONS AND DISPOSALS
    * FREE CASH FLOW AT -€324 MILLION COMPARED TO -€308 MILLION
IN Q1
2022
    * NET DEBT AT €769 MILLION COMPARED TO €603 MILLION AT END
OF
MARCH 2022
    * OUTLOOK: COLAS CONFIRMS ITS OBJECTIVE OF INCREASING
CURRENT
OPERATING PROFIT FROM ACTIVITIES (ROCA) AND CURRENT OPERATING
PROFIT IN 2023 COMPARED TO 2022

Source text for Eikon:  ID:nNDLDrhLt 
Further company coverage:  COLP.PA 

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