Brief: Greenyard H1 Net Result Up At 8.5 Million Euros

Greenyard NV

16/11/2021 07:09

Nov 16 (Reuters) - GREENYARD NV  GREENY.BR :
    * POSTS POSITIVE H1 NET RESULT ON BACK OF CONTINUED
PROFITABLE
GROWTH
    * ADJUSTED EBITDA INCREASES BY 8% TO € 82,6M FOR THE FIRST
HALF OF
THE YEAR
    * H1 NET RESULT POSITIVE AT € 8,5M VERSUS €1,1M FOR THE SAME
PERIOD LAST YEAR
    * NET DEBT (EXCLUDING LEASE ACCOUNTING) AND LEVERAGE
DECREASING
SIGNIFICANTLY VERSUS H1 LAST YEAR RESP. TO € 338,1M AND 2,8X
    * ADJUSTED EBITDA GUIDANCE OF € 165,0M FOR AY 2021/2022
    * REMAINS WELL POSITIONED TO DELIVER PROFITABLE GROWTH AND
UNLOCK
THE POTENTIAL OF THE BUSINESS COMBINATION IN THE FUTURE
    * AMBITION FOR ADJUSTED EBITDA OF € 190,0M BY AY 2024/2025
RE-CONFIRMED

Source text for Eikon:  ID:nNDL4PZx4Y 
Further company coverage:  GREENY.BR 

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