Brief: Ebusco Holding Ends Year With 261 Buses Contributing To Revenue, Below Guidance

Ebusco Holding

14/02/2023 06:38

Feb 14 (Reuters) - Ebusco Holding NV  EBUS.AS :
    * ENDED 2022 WITH A RECORD ORDER BOOK OF 1,474 BUSES VERSUS
325 AT
YEAR END 2021
    * NUMBER OF BUSES CONTRIBUTING TO REVENUE OVER 2022 ARRIVED
AT 261
    * ORDERS FOR IN TOTAL 21 EBUSCO 2.2 18-METER DID NOT
CONTRIBUTE TO
2022 REVENUE AS INITIALLY BUDGETED AND HAS SHIFTED TO BEGINNING
OF 2023
    * ENDED YEAR WITH 261 BUSES CONTRIBUTING TO REVENUE VERSUS
AN
EARLIER GUIDANCE OF 285
    * SUPPLY CHAIN CONSTRAINTS ALSO RESULTED IN HIGHER THAN
EXPECTED
TRANSPORT COSTS COMPARED TO PREVIOUS EXPECTATIONS
    * NUMBER OF PARTS HAD TO BE TRANSPORTED BY AIR INSTEAD OF BY
SEA

Source text: https://bit.ly/3IjEzX8
Further company coverage:  EBUS.AS 
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