Brief: Jensen Group H1 EBIT Up At 12.2 Million Euros

Jensen-Group NV

11/08/2022 16:58

Aug 11 (Reuters) - Jensen Group NV  JEN.BR :
    * H1 REVENUE INCREASED FROM 124.3 MILLION EURO TO 171.2
MILLION
EURO IN H01 2022, AN INCREASE OF 37.8%
    * OPERATING PROFIT (EBIT) FOR THE FIRST 6 MONTHS OF 2022
AMOUNTS
TO 12.2 MILLION EURO COMPARED TO 10.2 MILLION EURO IN H1 2021
    * CASH FLOW FROM OPERATIONS (EBITDA) FOR FIRST 6 MONTHS OF
2022
AMOUNTS TO 12.8 MILLION EURO, A 9.0% DECREASE COMPARED TO LAST
YEAR
    * H1 NET INCOME ATTRIBUTABLE TO THE SHAREHOLDERS AMOUNTS TO
8.9
MILLION EURO (EARNINGS PER SHARE OF 1.2 EURO) COMPARED TO 6.9
MILLION EURO LAST YEAR (EARNINGS PER SHARE OF 0.9 EURO)
    * END-H1 NET FINANCIAL CASH OF 21.1 MILLION EURO (INCLUDING
3.7
MILLION EURO LEASING DEBT) COMPARED TO 41.0 MILLION EURO AT
YEAR-END 2021
    * H1 GROUP RECEIVED 188 MILLION EURO OF ORDERS IN, A 34.1%
INCREASE COMPARED TO H1 2021
    * OUTLOOK 2022: EXPECTS MANUFACTURING PRODUCTIVITY,
PRODUCTION
OUTPUT, AND DELIVERY SCHEDULES TO CONTINUE TO BE NEGATIVELY
IMPACTED IN H2 2022
    * OUTLOOK 2022: MANAGEMENT CONSIDERS THESE CHALLENGES TO BE
TEMPORARY ALTHOUGH THEY COULD LAST INTO 2023
    * OUTLOOK 2022: REMAINS CONFIDENT IN ITS ABILITY TO STAY THE
COURSE

Source text for Eikon:  ID:nNDLH453q 
Further company coverage:  JEN.BR 

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