Brief: Ibu-Tec FY Preliminary Adjusted EBITDA At EUR 6.7 Mln

IBU-tec advanced materials AG

23/02/2022 07:35

Feb 23 (Reuters) - IBU-TEC ADVANCED MATERIALS AG  IBU.DE :
    * STRONG 2021 AND POSITIVE OUTLOOK FOR 2022
    * FY PRELIMINARY ADJUSTED EBITDA 6.7 MILLION EUR VERSUS 7.0
MILLION EUR YEAR AGO
    * FY SALES ROSE 34 PERCENT TO 44.1 MILLION EUR
    * PRELIMINARY 2021 FIGURES VALIDATE FORECAST
    * BASED ON THESE FIGURES, IBU-TEC RECONFIRMS ITS STRONG
GROWTH
PROSPECTS FOR 2022 FINANCIAL YEAR
    * EXPECTS 2022 SIGNIFICANT INCREASE IN SALES OF AROUND 25-29
PERCENT TO EUR 55-57 MILLION.
    * IBU-TEC EXPECTS AN OPERATIVE EBITDA INCREASE BY MORE THAN
45
PERCENT IN 2022.

Source text for Eikon:  ID:nEQ6rMxVVa 
Further company coverage:  IBU.DE 

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