Brief: Nagarro FY Revenue At EUR 856.3 Mln

Nagarro SE

14/04/2023 15:12

April 14 (Reuters) - NAGARRO SE  NA9n.DE :
    * RELEASES AUDITED FINANCIAL RESULTS FOR 2022, ANNOUNCES
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BUYBACK
    * REVENUE WAS EUR 231.0 MILLION IN Q4 2022, UP 42.5% YOY
FROM EUR
162.0 MILLION IN Q4 2021
    * FY 2022 REVENUE WAS EUR 856.3 MILLION, IMPLYING A YOY
REVENUE
GROWTH OF 56.8%
    * OPERATING CASH FLOW IN Q4 2022 ROSE TO EUR 36.8 MILLION
FROM EUR
22.9 MILLION IN Q4 2021, AND FROM EUR 30.5 MILLION IN Q3 2022
    * GROSS MARGIN INCREASED FROM 28.3% IN 2021 TO 28.9% IN 2022
    * ADJUSTED EBITDA GREW 86.3% FROM EUR 79.7 MILLION (14.6% OF
REVENUE) IN 2021 TO EUR 148.5 MILLION (17.3% OF REVENUE) IN 2022
    * EBITDA INCREASED BY EUR 75.3 MILLION FROM EUR 70.3 MILLION
IN
2021 TO EUR 145.6 MILLION IN 2022
    * EBIT INCREASED BY EUR 66.7 MILLION FROM EUR 45.7 MILLION
IN 2021
TO EUR 112.4 MILLION IN 2022
    * NET PROFIT INCREASED BY EUR 47.3 MILLION TO EUR 77.3
MILLION IN
2022 AGAINST EUR 30.0 MILLION IN 2021

Source text for Eikon:  ID:nEQ25qLlPa 
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