Brief: Guerbet FY Net Income Turns To Profit Of Eur 22.2 Million

Guerbet SA

20/03/2024 16:57

March 20 (Reuters) - Guerbet SA  GRBT.PA :
    * 2023 FULL-YEAR RESULTS
    * CONFIRMATION OF OUTLOOK FOR 2024
    * FULL-YEAR REVENUE: EUR 785.7MLN, UP 5.9% ON A
LIKE-FOR-LIKE
BASIS
    * OUTLOOK FOR 2024 REVENUE GROWTH TO SURPASS 8% ON A
LIKE-FOR-LIKE
BASIS
    * FY NET INCOME EUR 22.2 MLN VERSUS LOSS EUR 41.1 MLN YEAR
AGO
    * 2024 RESTATED EBITDA MARGIN TO RETURN TO A HIGHER LEVEL
THAN IN
2021 (14.4%)
    * FY REVENUE EUR 785.7 MLN VERSUS EUR 753.3 MLN YEAR AGO
    * FREE CASH FLOW IS EXPECTED TO BE IN POSITIVE TERRITORY
OVER FULL
YEAR
    * FY EBITDA EUR 98.8 MLN VERSUS EUR 103.1 MLN YEAR AGO

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