Brief: Montana Aerospace: 2022 Unaudited Net Sales Up 70% Y/Y

Montana Aerospace AG

22/02/2023 06:09

Feb 22 (Reuters) - Montana Aerospace AG  AERO.S :
    * 2022 UNAUDITED NET SALES INCREASED BY 70% TO EUR 1,306.1M
IN
2022 (2021: EUR 767.5M) UNDERPINNED BY A VERY STRONG PERFORMANCE
IN 'AEROSTRUCTURES' SEGMENT
    * ADJUSTED EBITDA [ 1 ] BETWEEN EUR 125-135M SIGNIFICANTLY
INCREASED COMPARED TO PREVIOUS YEAR'S LEVEL (2021: EUR 56.1M)
AND UPDATED GUIDANCE GIVEN IN JANUARY 2023
    * NET DEBT CONSIDERABLY REDUCED TO EUR ≤300M
    * COMPANY'S ADJUSTED EBITDA IS ESTIMATED TO BE IN RANGE OF
EUR
130M TO 150M

Source text for Eikon:  ID:nPexZL76wa 
Further company coverage:  AERO.S 
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