Brief: D'Ieteren H1 Adj. Consolidated Profit Before Tax Group Share Up At EUR 363.1 Mln

D'Ieteren SA

05/09/2022 17:02

Sept 5 (Reuters) - D'Ieteren Group NV  IETB.BR :
    * HALF-YEAR 2022 HIGHLIGHTS
    * FREE CASH-FLOW REMAINED FLAT FOR THE GROUP (GROUP’S SHARE)
AT
€208M DURING H1-22
    * WE INCREASE OUR GUIDANCE FOR THE FULL-YEAR, NOW EXPECTING
OUR
ADJUSTED CONSOLIDATED PROFIT BEFORE TAX, GROUP’S SHARE TO GROW
BY AT LEAST 35% (PREVIOUSLY 25%) VERSUS THE COMPARABLE 2021
    * H1 ADJUSTED CONSOLIDATED PROFIT BEFORE TAX, GROUP’S SHARE
– CAME
IN AT €363.1M, UP BY 33.5% COMPARED TO €272.1M IN H1-21
    * PHE’S CONTRIBUTION (5 MONTHS IN 2022) SHOULD ADD AROUND 5%
TO
THE GROUP’S PBT, GROUP’S SHARE1 KPI, WHICH BRINGS OUR  OVERALL
GUIDANCE FOR THE FULL YEAR TO AT LEAST 40% GROWTH INCLUDING PHE.
    * H1 CONSOLIDATED SALES UNDER IFRS AMOUNTED TO €1,909.9M
(+1.0%
YOY)
    * THE NET CASH POSITION3 OF “CORPORATE & UNALLOCATED”
AMOUNTED TO
€1,001.0M AT THE END OF H1-22

Source text: https://bit.ly/3Bfbjgu
Further company coverage:  IETB.BR 

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