Brief: Ercros Q1 Net Profit Down To 12.7 Mln Euros YoY

Ercros SA

03/05/2023 06:52

May 3 (Reuters) - Ercros SA  ECR.MC :
    * Q1 NET PROFIT 12.7 MILLION EUROS VERSUS 17.2 MILLION EUROS
YEAR
AGO
    * Q1 EBITDA 27.9 MILLION EUROS VERSUS 32.5 MILLION EUROS
YEAR AGO
    * Q1 REVENUE 224.0 MILLION EUROS VERSUS 270.7 MILLION EUROS
YEAR
AGO
    * Q1 ADJUSTED EBITDA 30.3 MILLION EUROS VERSUS 34.2 MILLION
EUROS
YEAR AGO
    * FROM A RECOVERY FROM BEGINNING OF SECOND HALF OF 2023, IT
IS NOW
EXPECTED THAT CURRENT WEAKNESS WILL CONTINUE UNTIL END OF THE
YEAR AND THEN GRADUALLY IMPROVE OVER THE COURSE OF 2024
    * SEES TO CONTINUE TO IMPLEMENT ITS 3D PLAN, MAINTAIN ITS
PRESENCE
IN ALL MARKETS AND TAKE ADVANTAGE OF OPPORTUNITIES THAT ARISE

Source text for Eikon:  ID:nCNMr19rs 
Further company coverage:  ECR.MC 

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