Brief: OVS Q2 Adj. EBITDA Down To EUR 59.0 Mln

OVS SpA

20/09/2023 16:57

Sept 20 (Reuters) - OVS SpA  OVS.MI :
    * Q2 ADJUSTED NET SALES EUR 398.4 MILLION VERSUS EUR 405.9 MILLION YEAR AGO
    * Q2 ADJUSTED EBITDA EUR 59.0 MILLION VERSUS EUR 62.2 MILLION YEAR AGO
    * Q2 ADJUSTED PRE-TAX PROFIT EUR 38.2 MILLION VERSUS EUR 44.5 MILLION YEAR
AGO
    * H1 ADJUSTED NET PROFIT EUR 33.7 MILLION VERSUS EUR 31.9 MILLION YEAR AGO
    * EXPECT IN H2 MARGINS IMPROVEMENT DUE TO REDUCTION IN RAW MATERIAL COSTS
    * STRENGTHENED EXPECTATIONS FOR 2023 FINANCIAL YEAR WITH IMPROVED
PERFORMANCES
OVER PREVIOUS YEAR - CEO


Further company coverage:  OVS.MI 

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