Brief: Quadpack Industries H1 Revenues Down 15% Y/Y To EUR 46.7 Mln

Quadpack Industries SA

26/11/2021 06:05

Nov 26 (Reuters) - Quadpack Industries SA  ALQP.PA :
    * H1 2021 REVENUES OF EUR46.7 MILLION, DOWN 15% COMPARED TO
H1
2020
    * H1 NET RESULT STILL NEGATIVE AT -EUR0.9 MILLION, DUE TO
ONGOING
EFFECTS OF PANDEMIC
    * H1 EBITDA OF EUR3.5 MILLION WITH AN EBITDA MARGIN STABLE
AT 7.5%
OF REVENUE (VERSUS 7.3% IN 2020)
    * END-H1 CASH POSITION OF EUR16 MILLION, WITH A SLIGHT
INCREASE IN
NET DEBT TO EUR41.5 MILLION
    * THROUGHOUT 2021, QUADPACK IS ABSORBING MANY OF PRICE
INCREASES,
WITH INTENTION OF RECOUPING LOST MARGINS DURING 2022

Source text for Eikon:  ID:nACT72116 
Further company coverage:  ALQP.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))