Brief: Lumibird H1 EBITDA Up 88% At 14.3 Millions Euros

Lumibird SA

21/09/2021 16:53

Sept 21 (Reuters) - Lumibird SA  LBIRD.PA :
    * H1 EBITDA UP 88% TO EUR 14.3M (+51% LIKE-FOR-LIKE)
    * H1 REVENUE EUR 75.4 MILLION VERSUS EUR 45.8 MILLION YEAR
AGO
    * H1 ROBUST FINANCIAL POSITION IS ENABLING GROUP TO MAINTAIN
ITS
FINANCIAL FLEXIBILITY AND ITS CAPACITY TO CONTINUE FINANCING ITS
AMBITIONS FOR EXTERNAL GROWTH
    * LUMIBIRD IS CONFIRMING ITS TARGET TO DOUBLE ITS REPORTED
REVENUES BETWEEN 2020 AND 2023, DRIVEN BY ORGANIC AND EXTERNAL
GROWTH, AND 20% TO 25% EBITDA MARGIN GROWTH FROM 2021
    * NET FINANCIAL DEBT, COMPRISING EUR 89.7M OF GROSS
FINANCIAL DEBT
AND EUR 79.9M OF CASH ASSETS, TOTALED EUR 9.8M AT JUNE 30
    * H1 NET INCOME EUR 5.1 MILLION VERSUS LOSS OF EUR 1.9
MILLION
YEAR AGO

Source text for Eikon:  ID:nGNEb9SyvQ 
Further company coverage:  LBIRD.PA 

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