Brief: Manitou H1 Net Income down at 29.3 Million Euros

Manitou Bf SA

28/07/2022 18:38

July 28 (Reuters) - Manitou BF SA  MANP.PA :
    * H1 22 REVENUES OF €1,057M, UP +9% VERSUS. H1 21 AND +6%
LIKE FOR
LIKE
    * Q2 22 ORDER INTAKE ON EQUIPMENT OF €791M VERSUS. €858M IN
Q2 21
    * H1 RECURRING OPERATING INCOME AT €45.8M (4.3%) VERSUS.
€85.0M
(8.8%) IN H1 21
    * H1 NET INCOME AT €29.3M VERSUS. €64.2M IN H1 21
    * H1 EBITDA €68.2M (6.5%) VERSUS. €109.6M (11.3%) IN H1 21
    * END-H1 NET DEBT €172M, GEARING 22%
    * MAINTAINING THE EXPECTATION THAT REVENUES FOR 2022 WILL
INCREASE
BY MORE THAN 20% COMPARED WITH 2021

Source text for Eikon:  ID:nNDL9xWFvd 
Further company coverage:  MANP.PA 

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