Brief: Memscap H1 Net Profit At 1,134 Thousand Euros

Memscap SA

31/08/2023 17:39

Aug 31 (Reuters) - Memscap SA  MEMS.PA :
    * FIRST HALF 2023 EARNINGS: 55.6% GROWTH IN HALF-YEAR
REVENUE
    * OUTLOOK: CONFIRMATION OF PROFITABLE GROWTH PROFILE
    * HALF-YEAR ADJUSTED EBITDA OF EUR 1,677 THOUSAND (23.7% OF
REVENUE)
    * HALF-YEAR OPERATING PROFIT OF EUR 1,158 THOUSAND (16.3% OF
REVENUE)
    * CONSOLIDATED HALF-YEAR NET PROFIT OF EUR 1,134 THOUSAND
EUROS
(16.0% OF REVENUE)
    * CONSOLIDATED AVAILABLE CASH AT EUR 4,832 THOUSAND AS OF
JUNE 30,
2023
    * GROWTH AND PROFITABILITY MOMENTUM EXPECTED TO CONTINUE IN
THE
SECOND HALF OF 2023
    * SIGNATURE OF FIRST CONTRACT FOR ENGINE CONTROL
APPLICATIONS FOR
AEROSPACE

Source text for Eikon:  ID:nBw9L2WPma 
Further company coverage:  MEMS.PA 

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