Brief: Recticel H1 Adjusted EBITDA Down At EUR 18.2 Million

Recticel SA

31/08/2023 06:05

Aug 31 (Reuters) - Recticel NV  RECT.BR :
    * H1 NET SALES DECREASE FROM EUR 287.2 MILLION IN 2022 TO
EUR
266.1 MILLION (-7.4%) IN 2023
    * H1 ADJUSTED EBITDA: FROM EUR 31.7 MILLION TO EUR 18.2
MILLION
(-42.6%)
    * H1 NET CASH POSITION: EUR 142.3 MILLION
    * H1 RESULT OF THE PERIOD (SHARE OF THE GROUP): FROM € 34.6
MILLION TO € 2.2 MILLION
    * WE EXPECT OUR FULL YEAR 2023 ADJUSTED EBITDA TO REACH
BETWEEN
EUR 40 AND 45 MILLION

Source text for Eikon: [ID: nNDLL2v2V]
Further company coverage:  RECT.BR 

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