Brief: Oeneo H1 Recurring Operating Profit Down At Eur 20.3 Mln

Oeneo SA

06/12/2023 17:15

Dec 6 (Reuters) - Oeneo SA  SABT.PA :
    * FIRST-HALF RESULTS - RECURRING OPERATING MARGIN IN LINE
WITH
EXPECTATIONS
    * H1 TURNOVER WAS DOWN 10.9%, COMING IN AT EUR154.3 MILLION
(DOWN
10.6% AT CONSTANT EXCHANGE RATES)
    * AFTER NON-RECURRING ITEMS, OPERATING INCOME CAME TO
EUR20.6
MILLION, OR 13.3% OF SALES
    * FINANCIAL LOSS CAME IN AT EUR1.0 MILLION, INCLUDING EUR1.4
MILLION IN GROSS FINANCIAL EXPENSES
    * GROUP SHARE CAME TO EUR14.7 MILLION, COMPARED WITH EUR21.9
MILLION AT SEPTEMBER 30, 2022, REPRESENTING A NET MARGIN OF 9.5%
    * OENEO SA - OUTLOOK: DESPITE AN UNFAVORABLE COMPARISON BASE
IN
Q3, DIVISION AIMS TO STAY CLOSE TO PREVIOUS YEAR'S RECORD
BUSINESS LEVEL IN ITS ACTIVITIES
    * H1 RECURRING OPERATING PROFIT EUR 20.3 MILLION VERSUS EUR
29.1
MILLION YEAR AGO

Source text for Eikon:  ID:nACT83215 
Further company coverage:  SABT.PA 

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