Brief: Metrovacesa Q1 Net Result Turns To Loss Of 3.6 Mln Euros YoY

Metrovacesa SA

26/04/2023 06:03

April 26 (Reuters) - Metrovacesa SA  MVC.MC :
    * Q1 NET LOSS 3.6 MILLION EUROS VERSUS PROFIT 10.7 MILLION EUROS YEAR AGO
    * Q1 EBITDA 4.4 MILLION EUROS VERSUS 15.6 MILLION EUROS YEAR AGO
    * Q1 REVENUE 79.5 MILLION EUROS VERSUS 141.1 MILLION EUROS YEAR AGO
    * OUTLOOK REITERATED
    * SEES 100-150 MLN EUROS CASHFLOW GENERATION IN FY2023
    * SEES PROJECT LAUNCHES AND CONSTRUCTION STARTS, CONSISTENT WITH MID-TERM TARGET OF OVER
2,000
UNITS P.A.

Source text for Eikon:  ID:nCNM94yRM9 
Further company coverage:  MVC.MC 

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