Brief: Ecoslops FY EBITDA Turns To Profit Of EUR 1.1 Million

Ecoslops SA

12/04/2023 08:17

April 12 (Reuters) - Ecoslops SA  ALESA.PA :
    * FY REVENUES OF EUR 19 MILLION, UP 53%
    * FY EBITDA 1.1 MILLION AT GROUP LEVEL, A MAJOR MILESTONE
ACHIEVED
BY GROUP
    * 2023: SIGNATURE OF A STRATEGIC PARTNERSHIP WITH PARLYM FOR
AFRICA TO ACCELERATE DEVELOPMENT OF SCARABOX
    * GROUP'S OPERATING CASH FLOW WAS +EUR 2.9 MILLION FOR YEAR
    * OUTLOOK: IN 2023, FOR SINES UNIT IN PORTUGAL, COMPANY
EXPECTS A
PRODUCTION OF AROUND 25,000 TONS FOR THE YEAR
    * OUTLOOK: FOR MARSEILLE UNIT, INITIAL OBJECTIVE OF
PRODUCING
15,000 TONS OVER 2023 HAS BEEN REVISED DOWNWARDS TO 11,000 TONS
    * OUTLOOK: AIMS TO CONTRACT SALE OF A NEW SCARABOX IN IVORY
COAST
THIS YEAR
    * FY NET RESULT GROUP SHARE LOSS EUR 1.8 MILLION VERSUS LOSS
EUR
3.7 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE2ZmtCm 
Further company coverage:  ALESA.PA 

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