Brief: Groupe Crit H1 EBITDA Up At 58.6 Million Euros

Groupe Crit SA

13/09/2022 17:09

Sept 13 (Reuters) - Groupe Crit SA  CITT.PA :
    * FIRST HALF OF 2022 - STRONG INCREASE IN RESULTS - EBITDA :
+34%
- CURRENT OPERATING INCOME : +74% - NET PROFIT MULTIPLIED BY 2.7
    * FIRST-HALF REVENUE INCREASED BY 18.5% TO €1 118.7 MILLION
    * AS OF JUNE 30, 2022, WITH CASH FLOW OF €59.5 MILLION AND
NET
CASH OF €316.5 MILLION, THE GROUP HAS A SOLID FINANCIAL POSITION
    * IN THE TEMPORARY WORK DIVISION, REVENUE FOR THE 3RD
QUARTER IS
EXPECTED TO GROW FOR THE ENTIRE DIVISION
    * H1 EBITDA EUR 58.6 MILLION VERSUS EUR 43.7 MILLION YEAR
AGO 
    * IN THE AIRPORT ACTIVITIES, ACTIVITY REMAINS WELL ORIENTED
WITH A
SUMMER 2022, WHICH CONFIRMED THE ACCELERATION OF THE AIR TRAFFIC
RECOVERY
    * OUTLOOK 2022: GROUP CONTINUES TO ROLL OUT  ITS ACTIVITIES
WITH
CONFIDENCE.
    * IN THE TEMPORARY WORK DIVISION, VISIBILITY IS FURTHER
REDUCED
FOR THE END OF THE FINANCIAL YEAR
    * H1 NET RESULT GROUP SHARE EUR 28.1 MILLION VERSUS EUR 11.1
MILLION YEAR AGO

Source text: https://bit.ly/3U95Z5O
Further company coverage:  CITT.PA 

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