Brief: Orsero H1 Net Profit Up To EUR 19.4 Mln

Orsero SpA

12/09/2022 17:15

Sept 12 (Reuters) - Orsero SpA  ORSO.MI :
    * H1 REVENUE EUR 576.2 MILLION VERSUS EUR 513.1 MILLION YEAR
AGO
    * H1 NET PROFIT EUR 19.4 MILLION VERSUS EUR 8.0 MILLION YEAR
AGO
    * REVISES GUIDANCE FOR FY 2022
    * SEES FY REVENUE 2022 BETWEEN EUR 1.13 BILLION AND EUR 1.16
BILLION (VERSUS EUR 1.10 BILLION TO EUR 1.13 BILLION PREVIOUS
FORECAST)
    * SEES FY 2022 ADJUSTED EBITDA BETWEEN € 67 MILLION AND € 70
MILLION18 (PREVIOUSLY € 65 MILLION / € 68 MILLION)
    * SEES FY 2022 NET PROFIT BETWEEN € 32 MILLION AND € 34
MILLION
(PREVIOUSLY € 30 MILLION / € 32 MILLION)
    * GUIDANCE AND ITS REVISION WERE DRAWN UP ON A LIKE-FOR-LIKE
BASIS
OF 2021 SCOPE AND THEREFORE DO NOT TAKE INTO ACCOUNT THE EFFECTS
DERIVING FROM  ACQUISITION OF TWO STRATEGIC COMPANIES IN
DISTRIBUTION OF FRESH FRUIT AND VEGETABLES IN FRANCE

Further company coverage:  ORSO.MI 

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