Brief: Oeneo Consolidated Sales Remains Down At Eur 77.6 Mln

Oeneo SA

07/11/2023 17:10

Nov 7 (Reuters) - Oeneo SA  SABT.PA :
    * SLIGHT IMPROVEMENT IN TREND IN THE SECOND QUARTER
LIVESTOCK
BUSINESS
    * CONSOLIDATED SALES REMAINS DOWN -8.7% (-8.1% AT CONSTANT
EXCHANGE RATES) AT EUR 77.6 MILLION VERSUS EUR 84.9 MILLION
    * RESULTS IMPACTED BY THE HIGHER COST OF RAW MATERIALS (WOOD
AND
CORK) THAN THE PREVIOUS YEAR
    * OUTLOOK: ALTHOUGH VISIBILITY IS STILL UNCERTAIN, THE GROUP
EXPECTS THE 2ND HALF OF THE YEAR TO BE MORE BUOYANT. HALF-YEAR,
WITH A RETURN TO GROWTH IN THE 4TH QUARTER

Source text for Eikon:  ID:nACT82775 
Further company coverage:  SABT.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))