Brief: Intercos Q1 ADJ. EBITDA Up To EUR 29.8

Intercos

04/05/2023 17:01

May 4 (Reuters) - Intercos SpA  ICOS.MI :
    * Q1 REVENUE EUR 234.6 MILLION VERSUS EUR 174.6 MILLION YEAR AGO
    * Q1 ADJUSTED EBITDA EUR 29.8 MILLION VERSUS EUR 19.1 MILLION YEAR AGO
    * SEES 2023 NET SALES AT CONSTANT EXCHANGE RATES IN RANGE BETWEEN +12/14%
(VERSUS
+8/11% IN PREVIOUS GUIDANCE)
    * SAYS IT EXPECT COSTS TO RISE, IMPACTING CUSTOMERS STARTING FROM 2022 H2
BUT
IMPACT WILL BE LIMITED
    * EXPECTS MORE REVENUE GENERATION FOR VARIOUS QUARTERS OF 2023 AND GROWTH ON
PREVIOUS YEAR MAINLY CONCENTRATED ON H1
    * RECOVERY OF SUPPLY CHAIN TO BOOST PRODUCTION VOLUMES BY Q2


Further company coverage:  ICOS.MI 

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