Brief: CFE H1 EBITDA Down At 20 Million Euros

Compagnie dentreprises CFE SA

30/08/2023 07:14

Aug 30 (Reuters) - Compagnie d'entreprises CFE SA
 CFEB.BR :
    * H1 NET INCOME (GROUP SHARE) OF EUR 12.5 MILLION
    * OUTLOOK FOR 2023 REVISED IN VIEW OF THE NEGATIVE TREND IN
THE
REAL ESTATE SECTOR IN BELGIUM AND LUXEMBOURG
    * H1 9.5% REVENUE GROWTH
    * H1 REVENUE EUR 641.7 MILLION VERSUS EUR 586.2 MILLION YEAR
AGO
    * H1 EBITDA AT EUR 20.0 MILLION, DOWN -28.1% YOY
    * H1 OPERATING INCOME EUR 17.2 MILLION VERSUS EUR 21.1
MILLION
YEAR AGO
    * H1 NET FINANCIAL DEBT AT EUR 90.5 MILLION
    * END-JUNE 2023 ORDER BOOK EUR 1.44 BILLION
    * THE ORDER BOOK IN H1 DECREASED BY 16.2% COMPARED TO 31
DECEMBER
2022
    * OUTLOOK: FULL-YEAR NET INCOME IS EXPECTED TO BE
SATISFACTORY
GIVEN CURRENT MARKET CONDITIONS

Further company coverage:  CFEB.BR 

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