Brief: Passat H1 Net Result Group Share Up At EUR 0.7 Mln

Passat SA

28/09/2021 06:07

Sept 28 (Reuters) - PASSAT SA  PASS.PA :
    * H1 REVENUE EUR 18.9 MILLION VERSUS EUR 14.5 MILLION YEAR
AGO
    * H1 NET RESULT GROUP SHARE EUR 0.7 MILLION VERSUS EUR 0.4
MILLION
YEAR AGO
    * OUR LEVEL OF PROFITABILITY WILL BE STRONGLY AFFECTED BY
THE
INCREASE IN OUR TRANSATLANTIC TRANSPORT COSTS
    * H1 OPERATING INCOME EUR 1.7 MILLION VERSUS EUR 0.7 MILLION
YEAR
AGO
    * TO DATE THE PRICE OF FREIGHT (CONTAINER) HAS BEEN
MULTIPLIED BY
2.5 FOR THE UNITED STATES AND BY 7 FOR EUROPE
    * OUR COMMERCIAL MARGIN, AS WELL AS OUR NET INCOME, WILL BE
DIRECTLY AND NEGATIVELY IMPACTED BY THESE INCREASES

Source text for Eikon:  ID:nACT71181 
Further company coverage:  PASS.PA 

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