Brief: Metex H1 EBITDA Loss Narrows To 7.4 Million Euros

Metabolic Explorer SA

30/09/2022 18:01

Sept 30 (Reuters) - Metabolic Explorer SA  METEX.PA :
    * OUTLOOK: CONTINUATION OF THE VALUE STRATEGY IN AN
ENVIRONMENT
OFFERING LITTLE VISIBILITY
    * REMAINS ATTENTIVE TO THE EVOLUTION OF THE INCREASE IN
ENERGY
COSTS AS WELL AS TO THE DIFFICULTIES OF SUPPLY OF CERTAIN RAW
MATERIALS WHICH CURRENTLY IMPACT ALL THE ACTORS OF THE ANIMAL
NUTRITION SECTOR
    * H1 EBITDA LOSS EUR 7.4 MILLION VERSUS LOSS EUR 8.1 MILLION
YEAR
AGO
    * SALES OF ITS SUBSIDIARY METEX NØØVISTAGO FROM THE FIRST
QUARTER
OF 2023
    * FOR THE FIRST HALF OF 2022, THE GROUP'S NET LOSS WAS
€18.4M,
COMPARED WITH PROFIT €76.7M FOR THE FIRST HALF OF 2021
    * H1 TURNOVER EUR 129.3 MILLION VERSUS EUR 36.6 MILLION YEAR
AGO
    * DURING H2, THE GROUP'S CHALLENGE IS TO RECONSTITUTE PART
OF ITS
CASH FLOW BY FAVOURING THE SALE OF ITS STOCKS

Source text for Eikon:  ID:nACT76497 
Further company coverage:  METEX.PA 
 (Gdansk Newsroom)
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