Brief: Kreate Group Q2 EBITDA Up At EUR 3.5 Million

Kreate Oyj

27/07/2022 06:53

July 27 (Reuters) - Kreate Group Oyj  KREATE.HE :
    * Q2 REVENUE GREW COMPARED TO REFERENCE PERIOD, AMOUNTING TO
EUR
67.0 (52.9) MILLION
    * Q2 ORDER BACKLOG AMOUNTED TO EUR 204.4 (157.5) MILLION
    * Q2 EBITDA WAS EUR 3.5 (3.4) MILLION, AMOUNTING TO 5.3
(6.3) PER
CENT OF REVENUE
    * RESULT GUIDANCE FOR 2022 (PUBLISHED ON 26 JANUARY 2022):
KREATE
ESTIMATES THAT ITS REVENUE (2021: EUR 237.6 MILLION) AND EBITA
(2021: EUR 10.5 MILLION) WILL GROW COMPARED TO 2021.
    * ESTIMATES THAT, OVERALL, MARKET FOR SUITABLE STRUCTURAL
ENGINEERING AND TRANSPORT INFRASTRUCTURE CONSTRUCTION IN 2022
WILL REMAIN AROUND LEVEL OF PREVIOUS YEAR.

Further company coverage:  KREATE.HE 

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