Brief: Coreo FY EBIT At EUR 2.84 Mln

Coreo AG

11/05/2022 17:07

May 11 (Reuters) - COREO AG  COR2.DE :
    * FY EPS LOSS 0.05 EUR VERSUS 0.14 EUR LOSS YEAR AGO
    * FY EBIT ROSE BY TEUR 3,528 FROM TEUR -690 TO TEUR 2,838
COMPARED
TO PREVIOUS YEAR
    * FY FINANCIAL RESULT DEVELOPED AS PLANNED. MOST OF DECREASE
OF
TEUR 699 TO TEUR -2,824 CAN BE EXPLAINED BY TEUR 649 INCREASE IN
INTEREST EXPENSES (TEUR 2,965 AFTER TEUR 2,316 IN PREVIOUS YEAR)
AS A RESULT OF PORTFOLIO GROWTH
    * FY INCREASE OF TEUR 1,543 IN NET PROFIT FOR PERIOD TO TEUR
-894
(PREVIOUS YEAR TEUR -2,437), TOGETHER WITH TEUR 1,285 INCREASE
IN INCOME TAX EXPENSE, RESULTED IN A SMALLER INCREASE THAN EBIT
    * FY . EARNINGS PER SHARE IMPROVED FROM EUR -0.14 TO EUR
-0.05

Source text for Eikon:  ID:nEQbHkPqPa 
Further company coverage:  COR2.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))