Brief: Metabolic Explorer Sees Significant Impact Of Raw Material Costs On Its 2022 EBITDA

Metabolic Explorer SA

29/06/2022 17:21

June 29 (Reuters) - Metabolic Explorer SA  METEX.PA :
    * GAS SUPPLIES TO COMPANIES, PARTICULARLY DURING THE 4TH
QUARTER
OF 2022, ARE LIKELY TO BE IMPACTED BY RECENT GEOPOLITICAL
DECISIONS
    * THE GROUP NOW ANTICIPATES A REDUCTION IN SALES VOLUMES AND
A
SIGNIFICANT IMPACT OF RAW MATERIAL COSTS ON ITS GROUP EBITDA,
LEADING IT TO CONSIDER A NEGATIVE GROUP EBITDA AND TO SUSPEND
THE 2022 GUIDANCE PREVIOUSLY COMMUNICATED
    * THE HEALTH SITUATION IS ALSO DIFFICULT
    * THE GROUP HAS NOT INCLUDED IN ITS FORECASTS ANY GOVERNMENT
AID,
IN PARTICULAR THAT OF THE RESILIENCE PLAN FOR LARGE ELECTRICITY
AND GAS CONSUMING COMPANIES
    * REDUCTION IN NUMBER OF ANIMALS ON FARMS IS CONTRIBUTING TO
THE
DECLINE IN DEMAND FOR AMINO ACIDS

Source text for Eikon:  ID:nACT75223 
Further company coverage:  METEX.PA 

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