Brief: Precia H1 EBITDA Rises To EUR 10.6 Million

Precia SA

27/09/2022 15:20

Sept 27 (Reuters) - PRECIA SA  PREP.PA :
    * REPORTED ON MONDAY H1 NET CONSOLIDATED SALES EUR 78.3 MLN
VS EUR
72.3 MLN YR AGO
    * H1 EBITDA EUR 10.6 MLN VS EUR 10.3 MLN YR AGO
    * H1 NET INCOME GROUP SHARE EUR 3.0 MLN VS EUR 4.1 MLN YR
AGO
    * H1 OPERATING INCOME AMOUNTED TO EUR 5.2 MLN AND 6.7% OF
TURNOVER
AFTER TAKING INTO ACCOUNT RISK RELATED TO QUALITY PROBLEM THAT
IS NOW LIMITED FOR WHICH GUARANTEE PROVISION OF EUR 1.15 MLN WAS
RECORDED
    * EXPECTS DECREASE OF AROUND 2% (2 POINTS) IN OPERATING
PROFIT
RATE OVER FY, WHICH IS EXPLAINED BY PERFORMANCE OF H1 AND IN
PARTICULAR PROVISION FOR GUARANTEE MENTIONED ABOVE
    * 2022 OBJECTIVES ARE CONSOLIDATED REVENUE OF BETWEEN EUR
160 MLN
AND EUR 165 MLN AND STABLE EBITDA MARGIN LEVEL

        
 Source text for Eikon:  ID:nNDL4HbzgL 
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