Brief: Brill H1 EBITDA Up At 2.6 Million Euros

Koninklijke Brill NV

30/08/2022 17:03

Aug 30 (Reuters) - Koninklijke Brill NV  BRIL.AS :
    * H1 EBITDA EUR 2.6 MILLION VERSUS EUR 1.7 MILLION YEAR AGO
    * H1 REVENUE EUR  23.9 MILLION VERSUS EUR 19.3 MILLION YEAR
AGO
    * H1 PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF KONINKLIJKE
BRILL NV
EUR 0.9 MILLION VERSUS LOSS EUR 42,000 YEAR AGO
    * NET PROFIT FOR THE FULL YEAR EXPECTED TO BE SLIGHTLY BELOW
2021
DUE TO INFLATIONARY PRESSURES AND INCIDENTAL  COSTS
    * REVENUE GROWTH FOR FULL YEAR 2022 TO BE LOWER THAN HY DUE
TO
WORLDWIDE ECONOMIC AND GEOPOLITICAL  DEVELOPMENTS, TIMING OF
MAJOR DEALS AND A WEAKER SALES PIPELINE
    * SECOND HALF YEAR OF 2022 WILL BE A CHALLENGING PERIOD DUE
TO THE
 WORLDWIDE ECONOMIC AND GEOPOLITICAL DEVELOPMENTS, TIMING OF
MAJOR DEALS AND THE CURRENT SALES PIPELINE
    * WE  EXPECT FULL YEAR ORGANIC GROWTH TO END UP SLIGHTLY
ABOVE OUR
STRATEGIC GOAL OF 2-3%
    * FOR THE CHANGE OF  DISTRIBUTION PARTNER, WE EXPECT AROUND
EUR
600 THOUSAND IN COSTS TO BE INCURRED IN 2022 AND EUR 300 
THOUSAND IN 2023.

Source text: https://bit.ly/3KyW7Og 
Further company coverage:  BRIL.AS 

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