Brief: Ercros Q1 Net Profit Up At 17.2 Mln Euros YoY

Ercros SA

04/05/2022 07:26

May 4 (Reuters) - Ercros SA  ECR.MC :
    * Q1 NET PROFIT 17.2 MILLION EUROS VERSUS 8.7 MILLION EUROS
YEAR
AGO
    * Q1 EBITDA 30.0 MILLION EUROS VERSUS 19.8 MILLION EUROS
YEAR AGO
    * Q1 REVENUE 273.7 MILLION EUROS VERSUS 177.3 MILLION EUROS
YEAR
AGO
    * CONTINUES TO SEE PARTICULARLY STRONG DEMAND FOR MOST OF
PRODUCTS, THIS SHOULD CONTINUE TO HOLD UP PRICES ENOUGH TO BE
ABLE TO OFFSET THE HIGH COST OF ENERGY AND RAW MATERIALS
    * EXPECTS THIS SITUATION TO CONTINUE AT LEAST THROUGH THE
FIRST
HALF OF THE YEAR
    * SEES TENDENCY FOR THE PRICES OF PRODUCTS TO WEAKEN IN THE
SECOND
HALF OF THE YEAR, PRESUMABLY IT WILL STILL HAVE TO BEAR IN
PRICES OF PRODUCTS

Source text for Eikon:  ID:nCNM8TJYkV 
Further company coverage:  ECR.MC 

 (Gdansk Newsroom)
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