Brief: Sabaf Q2 Net Profit Up At EUR 8.3 Mln

Sabaf SpA

03/08/2021 12:37

Aug 3 (Reuters) - Sabaf SpA  SABF.MI :
    * Q2 NET PROFIT EUR 8.3 MILLION VERSUS PROFIT EUR 0.9
MILLION YEAR
AGO
    * Q2 REVENUE EUR 72.8 MILLION VERSUS EUR 34.3 MILLION YEAR
AGO
    * FY SALES EXPECTED BETWEEN € 255 AND € 260 MILLION
(PREVIOUS
SALES FORECAST OVER € 240 MILLION)
    * FY OPERATING PROFITABILITY (EBITDA %) ESTIMATED TO BE OVER
22%
OF SALES (PREVIOUS FORECAST EBITDA ABOVE 21%)
    * SABAF CEO SAYS STRENGTH OF ONGOING TREND AND CONSOLIDATION
OF
NEW PROJECTS UNDER DEVELOPMENT SETS CONDITIONS FOR POSITIVE
RESULTS ALSO IN 2022

Further company coverage:  SABF.MI 

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