Brief: Sabaf Q1 Net Profit Down To EUR 7.4 Mln

Sabaf SpA

12/05/2022 13:39

May 12 (Reuters) - Sabaf SpA  SABF.MI :
    * Q1 TOTAL REVENUE EUR 73.4 MILLION VERSUS EUR 66.7 MILLION
YEAR
AGO
    * Q1 NET PROFIT EUR 7.4 MILLION VERSUS EUR 8.5 MILLION YEAR
AGO
    * INCREASE IN SALES FROM NEW PROJECTS IS CONTINUING IN LINE
WITH
FORECASTS, ALTHOUGH UNCERTAINTY CAUSED BY PROLONGATION OF
CONFLICT BETWEEN RUSSIA AND UKRAINE
    * CONFIRMS FOR 2022 ITS REVENUES RANGING FROM €275  TO €280
MILLION, (UP BY +5% / +6% ON 2021) AND EXCELLENT PROFITABILITY,
IN LINE WITH HISTORICAL AVERAGES

Further company coverage:  SABF.MI 

 (Reporting by Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))