Brief: Sabaf Q4 EBITDA Down To EUR 6.6 Mln

Sabaf SpA

14/02/2023 13:52

Feb 14 (Reuters) - Sabaf SpA  SABF.MI :
    * Q4 REVENUE EUR 51,4 MILLION VERSUS EUR 62.5 MILLION YEAR
AGO
    * Q4 NET PROFIT EUR 2.6 MILLION VERSUS EUR 0.6 MILLION YEAR
AGO
    * Q4 EBITDA EUR 6.6 MILLION VERSUS EUR 10.0 MILLION YEAR AGO
    * FIRST WEEKS OF 2023 SHOW AN IMPROVING TREND IN SALES AND
ORDERS
    * SEES GROUP EXPECTS A RECOVERY OF PROFITABILITY MADE
POSSIBLE BY
RECOVERY OF PRODUCTION VOLUMES, LOWER ENERGY, RAW MATERIAL
PRICES, ACTIONS TAKEN TO CONTAIN ENERGY CONSUMPTION

Further company coverage:  SABF.MI 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))