Brief: Deceuninck Posts H1 Net Profit Of EUR 8.3 Mln, Below Consensus

Deceuninck NV

22/08/2024 06:58

Aug 22 (Reuters) - Deceuninck NV  DECB.BR :
    * H1 ADJUSTED EBITDA EUR 65.3 MILLION VERSUS EUR 53.5
MILLION
(COMPANY CONSENSUS)
    * H1 NET PROFIT EUR 8.3 MILLION VERSUS EUR 18.1 MILLION
(COMPANY
CONSENSUS)
    * H1 SALES EUR 421.6 MILLION VERSUS EUR 403.3 MILLION
(COMPANY
CONSENSUS)
    * IN H1 INCREASED WORKING CAPITAL LEADS TO NET DEBT
INCREASING TO
€ 142.8M (1.2X ADJUSTED. EBITDA)
    * FOR THE REMAINDER OF 2024, EXPECTS THE CURRENT SLOW
ACTIVITY TO
CONTINUE IN ALL REGIONS

Further company coverage:  DECB.BR 

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