Brief: Nilfisk Q1 Adjusted EBITDA Below Analysts Expectations

Nilfisk Holding A/S

17/05/2023 06:33

May 17 (Reuters) - Nilfisk Q1 adjusted EBITDA margin 11%.
* Q1 organic growth -2%
* Q1 revenue EUR 256.4 million vs. estimate EUR 274 million
* Q1 adjusted EBITDA EUR 28.1 million vs. estimate EUR 40 million
* Q1 gross margin 40.2%
* Outlook FY organic growth -2 to 2%
* Outlook FY adjusted EBITDA margin 12-14%