Brief: Componenta Prelim 2023 EBITDA Estimated At EUR 5.3 Million, Below Guidance

Componenta Oyj

15/01/2024 14:20

Jan 15 (Reuters) - Componenta Oyj  CTH1V.HE :
    * COMPONENTA PREDICTS THAT EBITDA WILL FALL BELOW THE
FINANCIAL
GUIDANCE GIVEN FOR 2023
    * PRELIMINARY NET SALES IN 2023 IS ESTIMATED TO BE
APPROXIMATELY
EUR 101–102 MILLION
    * PRELIM 2023 EBITDA IS ESTIMATED TO BE APPROXIMATELY EUR
5.3
MILLION
    * IN LAST QUARTER, LOWER-THAN-EXPECTED VOLUMES, OPTIMIZATION
OF
CUSTOMER INVENTORY LEVELS AND RELATIVELY HIGH START-UP COSTS OF
PRODUCTION OF NEW PRODUCTS BURDENED EBITDA MORE THAN EXPECTED
    * PREVIOUSLY EXPECTED NET SALES IN 2023 TO BE EUR 100–105
MILLION
    * PREVIOUSLY EXPECTED EBITDA TO BE EUR 6–7 MILLION


Further company coverage:  CTH1V.HE 

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