Brief: Exel Industries Q2 Sales Up 2%
26/04/2022 18:14
April 26 (Reuters) - Exel Industries SA EXEP.PA :
* EXEL INDUSTRIES: SECOND QUARTER 2021-2022 SALES, UP 2.0%
* AGRICULTURAL SPRAYING: ORDER BOOK IS RISING AHEAD OF ITS
2020-2021 LEVELS, BUT SUPPLY CHAIN DISRUPTIONS PERSIST
* EXEL INDUSTRIES HAS TWO AGRICULTURAL EQUIPMENT
SUBSIDIARIES IN
UKRAINE: ONE IN AGRICULTURAL SPRAYING, OTHER IN SUGAR BEET
HARVESTERS
* AS A REMINDER, GROUP'S SALES IN RUSSIA, BELARUS AND
UKRAINE MADE
UP 4% OF 2020-2021 SALES
* RUSSIA: IS MAINTAINING AS MUCH OF ITS ACTIVITY AS
POSSIBLE, IN
COMPLIANCE WITH EUROPEAN RULES AND APPLYING SPECIAL VIGILANCE
* THE ORDER BOOK NONETHELESS REMAINS STRONG, IN AN UNCERTAIN
GLOBAL ENVIRONMENT BUT WITH VERY FAVORABLE AGRICULTURAL
COMMODITY PRICES - CEO
* UKRAINE: IN THIS UNCERTAIN CLIMATE, THE GROUP EXPECTS
BUSINESS
TO RECOVER ONLY SLOWLY IN THE SHORT TERM
Source text for Eikon: ID:nGNE44tt5z
Further company coverage: EXEP.PA
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