Brief: Purmo Q4 ADJUSTED EBITDA Falls To EUR 22.6 Mln

Purmo Oyj

03/03/2022 07:20

March 3 (Reuters) - Purmo Group Plc  PURMO.HE :
    * PURMO GROUP'S FINANCIAL STATEMENTS REVIEW 1 JANUARY–31
DECEMBER
2021: STRONG NET SALES GROWTH AND RECORD ADJUSTED EBITDA
    * Q4NET SALES IMPROVED BY 20 PER CENT TO EUR 222.6 MLN
(186.1)
    * Q4 ADJUSTED EBITDA DECREASED BY 6 PER CENT TO EUR 22.6 MLN
(23.9)
    * PROPOSED RETURN OF CAPITAL EUR 0.36 PER CLASS C SHARE AND
EUR
0.07 PER CLASS F SHARE
    * DIRECT EXPOSURE TO RUSSIAN AND UKRAINIAN MARKETS ARE NOT
MATERIAL
    * NET SALES TO UKRAINE ACCOUNTS FOR LESS THAN 1 PER CENT AND
TO
RUSSIA FOR LESS THAN 5 PER CENT OF TOTAL NET SALES
    * TOTAL ASSETS IN THESE COUNTRIES REPRESENTS LESS THAN 3 PER
CENT
OF PURMO GROUP'S ASSETS.
    * INDIRECT IMPACTS ON OTHER MARKETS THAT PURMO GROUP
OPERATES IN
ARE DIFFICULT TO ASSESS AT THIS STAGE.

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN7NWHyL
 Further company coverage:  PURMO.HE  

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