Brief: Miquel Y Costas & Miquel FY Net Profit Up At 42.7 Mln Euros YoY

Miquel y Costas & Miquel SA

28/02/2024 16:13

Feb 28 (Reuters) - Miquel y Costas & Miquel SA  MCM.MC :
    * FY NET PROFIT 42.7 MILLION EUROS VERSUS 31.6 MILLION EUROS
YEAR
AGO
    * FY NET SALES 309.3 MILLION EUROS VERSUS 337.2 MILLION
EUROS YEAR
AGO
    * FY EBITDA 74.9 MILLION EUROS VERSUS 60.7 MILLION EUROS
YEAR AGO
    * EXPECTS TO CONTINUE RECOVERY PATH INITIATED IN 2023 AFTER
PERIOD
OF HISTORICAL PRICE INFLATION EXPERIENCED IN FISCAL 2022
    * SEES FOR Q1 2024 AN IMPROVEMENT IN ITS RESULTS COMPARED TO
THOSE
OF PREVIOUS YEAR
    * AS LONG AS MACROECONOMIC CONDITIONS ARE MAINTAINED AND
DEMAND
VOLATILITY DOES NOT INCREASE, THIS IMPROVEMENT IS EXPECTED TO
ALSO OCCUR THROUGHOUT THE YEAR

Source text for Eikon:  ID:nCNM2DgwLf 
Further company coverage:  MCM.MC 

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