Brief: Colt CZ Group H1 adjusted net profit up, narrows 2023 outlook

Colt CZ SE

19/09/2023 05:53

Sept 19 (Reuters) - Colt CZ Group SE  CZG.PR :
    * COLT CZ GROUP: H1 ADJUSTED NET PROFIT CZK 1.198 BILLION,
UP 1.3%
Y/Y
    * COLT CZ GROUP: H1 ADJUSTED EBITDA CZK 1.464 BILLION, DOWN
18.4%
Y/Y
    * COLT CZ GROUP: Q2 REVENUE CZK 6.860 BILLION, DOWN 2.7% Y/Y
    * COLT CZ GROUP: EXPECTS FY2023 REVENUE CZK 16.0-16.4
BILLION
(PREVIOUS CZK 15.1-16.9 BILLION)
    * COLT CZ GROUP: Y/Y INCREASE OF REVENUES DUE TO EXPECTED
STRONG
SECOND HALF YEAR 2023
    * COLT CZ GROUP: IN OPERATING PROFIT, HAVE BEEN ADVERSELY
AFFECTED
BY THE STRENGTHENING OF THE CZECH CROWN AGAINST THE US DOLLAR
AND THE EURO

Source text for Eikon:  ID: 
Further company coverage:  CZG.PR 

 ((jason.hovet@thomsonreuters.com;))