Brief: Exclusive Networks Adj. EBITA Up At EUR 66.5 Mln, Raises FY Outlook

Exclusive Networks SAS

14/09/2022 08:22

Sept 14 (Reuters) - Exclusive Networks SAS  EXN.PA :
    * FY 2022: OPERATING FREE CASH FLOW BEFORE TAX IS NOW
EXPECTED
ABOVE 160% OF ADJUSTED EBITDA VERSUS IN EXCESS OF 80% OF
ADJUSTED EBITDA BEFORE (CORRECTS 'EBITA' TO 'EBITDA')
    * HALF YEAR GROSS SALES AT EUR 1.947.4 MILLION UP 33.8%
    * HALF YEAR ADJUSTED EBITA AT EUR 66.5 MILLION UP 39.3%
    * HALF YEAR OPERATING FREE CASH FLOW BEFORE TAX AT EUR 166
MILLION
    * 2022 OUTLOOK RAISED
    * OUTLOOK: GROSS SALES ARE NOW EXPECTED TO EXCEED EUR
4.2BILLION
(VERSUS ABOVE EUR 3.8BILLION PREVIOUSLY EXPECTED)
    * FY 2022: NET MARGIN IS NOW EXPECTED TO BE BETWEEN EUR 392
MILLION AND EUR 400 MILLION (VERSUS EUR 362 TO 368 MILLION
BEFORE)
    * FY 2022: ADJUSTED EBITA IS NOW EXPECTED TO BE BETWEEN EUR
146
MILLION AND EUR 152 MILLION (VERSUS BETWEEN EUR 133 AND 138
MILLION EARLIER)
    * H1 ADJUSTED NET INCOME EUR 47.5 MILLION, +49.4% YOY ON
REPORTED
BASIS

Source text: https://bwnews.pr/3xi01G7
Further company coverage:  EXN.PA 

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