Brief: Lumibird 2022 Net Profit Down At EUR 11.4 Mln

Lumibird SA

14/03/2023 17:16

March 14 (Reuters) - Lumibird SA  LBIRD.PA :
    * FY 2022 EBITDA EUR 31.3 MLN (-4% YOY) IN A YEAR OF
INVESTMENT
AND GLOBAL ECONOMIC TENSIONS
    * CURRENT OPERATING PROFIT WAS EUR 16.4 MLN IN 2022,
COMPARED WITH
EUR 19.8 MLN IN 2021.
    * AFTER A FINANCIAL RESULT OF €2.8M (VERSUS. €1.5M IN 2021)
AND
TAXES OF €3.1M (VERSUS. €3.7M IN 2021), NET PROFIT WAS €11.4M,
COMPARED TO €13.9M IN 2021.
    * NET FINANCIAL DEBT, COMPRISING EUR 114.2M IN GROSS
FINANCIAL
DEBT AND EUR 61.7M IN CASH AND CASH EQUIVALENTS, AMOUNTED TO EUR
52.5M AT 31 DECEMBER
    * OUTLOOK 2023: GROUP IS TARGETING REPORTED REVENUES OF EUR
250M
(INCLUDING ORGANIC GROWTH OF 8 TO 10% AND POSSIBLE EXTERNAL
GROWTH)
    * OUTLOOK 2023: A RETURN OF EBITDA MARGIN TO A RANGE OF 18
TO 23%

Source text for Eikon:  ID:nGNEglhs3 
Further company coverage:  LBIRD.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com ; +48 58 769 66 00))