Brief: Precia Sees 2022 Consolidated Revenue Of EUR 160 Million

Precia SA

16/05/2022 07:16

May 16 (Reuters) - PRECIA SA  PREP.PA :
    * ANNOUNCED ON FRIDAY Q1 SALES OF EUR 38.3 MLN VS EUR 35.4
MLN
YEAR AGO
    * UNCERTAINTIES RELATED TO HEALTH CONTEXT ARE NOT ALL LIFTED
AND
WAR IN UKRAINE FURTHER COMPLICATES THE SITUATION
    * GROUP'S OBJECTIVES FOR 2022 ARE CONSOLIDATED REVENUE
(EXCLUDING
ACQUISITIONS) OF EUR 160 MILLION AND OPERATING INCOME OF 9.1%
COMPARED TO 9.6% IN 2021, A DECREASE OF ABOUT 5%
    * SHORTAGES OF ELECTRONIC COMPONENTS WILL HAVE AN IMPACT ON
OUR
ABILITY TO MANUFACTURE, WHICH WILL MECHANICALLY LIMIT OUR
REVENUE GROWTH AND POSITIVELY IMPACT  OUR  ORDERS  BACKLOG
    * VERY  STRONG  COST  INCREASES  ON  ALL  RAW  MATERIALS 
AND
COMPONENTS WILL HAVE A SIGNIFICANT IMPACT ON OUR MARGINS, WHICH
IS DIFFICULT TO MEASURE TODAY
    * LEVEL OF ORDER INTAKE REMAINS EXCELLENT AT THE BEGINNING
OF THE
YEAR

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