Portugal's Navigator slides on drops in profit, FCF in Q4

Navigator SA

14/02/2025 11:21

** Shares in Navigator  NVGR.LS  fall around 4% after the
Portuguese pulp and paper producer reported significant drops in
profit and free cash flow (FCF) in Q4 on Thursday 
    ** Posted a 7.6% year-on-year decrease of its EBITDA in Q4
to 115.5 million euros ($121.00 million); Q4 EBITDA margin fell
to 22.2% (vs 26.3% in Q3)
    ** Brokerage Banco Carregosa's João Queiroz says these drops
are "negative points that generated apprehension among
investors, despite the company's robust economic performance"
    ** Company's FCF fell to 22.5 million euros in 2024 from
92.3 million euros in 2023 and net debt grew by 128 million in
2024 in comparison to 2023, Queiroz says  
    ** Navigator's shares trade at the bottom of Lisbon's PSI
Index  .PSI20 
 


 

($1 = 0.9546 euros)

 (Reporting by Tiago Brandao)
 ((Tiago.Brandao@thomsonreuters.com;))