Brief: Salcef Group SpA Says Q1 Revenues At EUR 107.7 Million (+15.2%)

Salcef SpA

13/05/2022 18:37

May 13 (Reuters) - Salcef Group SpA  SCFG.MI :
    * Q1 REVENUES AT EUR 107.7 MILLION (+15.2%)
    * Q1 EBITDA AT EUR 21.8 MILLION (+2.6%)
    * QTRLY EBIT AT € 13.3 MILLION (-8.4%)
    * GROUP PROFITABILITY FOR 2022 IS EXPECTED TO REMAIN BROADLY
IN
LINE WITH ONE RECORDED IN Q1
    * FOR 2022, PRODUCTION VOLUMES ARE EXPECTED TO CONTINUE
THEIR
GROWTH
    * THERE ARE NO SLOWDOWNS OF PRODUCTION ACTIVITIES DUE TO
LACK OF
MATERIALS OR TRANSPORTATION AND OTHER SERVICES
    * QTRLY ADJUSTED NET INCOME AMOUNTED TO € 9.2 MILLION, DOWN
13.7%
    * DOES NOT CURRENTLY HAVE ANY BUSINESS IN RUSSIA OR IN ANY
OTHER
COUNTRY SUBJECT TO SANCTIONS BY EUROPEAN UNION OR U.S.


 ((Reuters.Briefs@thomsonreuters.com;))