Brief: Fagron H1 Group REBIDTA up 14% at EUR 72.2 Mln

Fagron NV

03/08/2023 06:20

Aug 3 (Reuters) - Fagron NV  FAGRO.BR :
    * REG-FAGRON DELIVERS STRONG PERFORMANCE WITH 13% TOPLINE
GROWTH
AND 14% INCREASE IN REBITDA FOR FIRST HALF OF 2023
    * FY 2023 OUTLOOK OF HIGH SINGLE DIGIT ORGANIC SALES GROWTH
AND
IMPROVEMENT IN PROFITABILITY AND ONE-OFF CAPEX IN REPACKAGING
CAPACITY IN NORTH AMERICA ANNOUNCED
    * H1 GROUP REVENUE EUR 371.6 MILLION, UP 13.1% VERSUS EUR
328.6
MILLION
    * H1 GROUP REBIDTA EUR 72.2 MILLION, UP 14% VERSUS EUR 63.3
MILLION YEAR AGO
    * OPERATING CASH FLOW INCREASED BY 12.1% TO €43.3 MILLION
AND
LEVERAGE RATIO OF 1.9X
    * NET EARNINGS PER SHARE OF €0.46
    * MEDIUM-TERM OBJECTIVES REMAIN UNCHANGED

Source text for Eikon:  ID:nGNE8RLj7x 
Further company coverage:  FAGRO.BR 

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