Brief: Seche Environnement End-June EBITDA Up At Eur 100 Mln

Seche Environnement SA

12/09/2022 16:52

Sept 12 (Reuters) - Seche Environnement SA  CCHE.PA :
    * ACTIVITY AND RESULTS FOR THE HALF-YEAR TO JUNE 30, 2022
    * END-JUNE SALES PERFORMANCE: CONTRIBUTED REVENUE: EUR 429
M,+21%
VERSUS. 6/30/2021
    * END-JUNE OPERATIONAL PERFORMANCE: EBITDA: EUR 100 M OR 23%
OF
REVENUES +23% VERSUS. 6/30/2021
    * END-JUNE EARNINGS PERFORMANCE: NET INCOME (GROUP SHARE):
EUR 25
M OR 6% OF REVENUES +87% VERSUS. 6/30/2021
    * END-JUNE FINANCIAL PERFORMANCE: RECURRING OPERATIONAL CASH
FLOW:
EUR 89 M +41% VERSUS. 6/30/2021
    * UPWARD REVISION OF GROWTH AND PROFITABILITY TARGETS FOR
2022
    * CONSOLIDATED ORGANIC GROWTH IN H2 2022 SHOULD THEREFORE
RETURN
TO A LONG-TERM RATE
    * OUTLOOK 2022: ORGANIC REVENUE GROWTH OF BETWEEN 5% AND 10%
COMPARED TO 2021
    * OUTLOOK 2022: EBITDA OF BETWEEN 23% AND 24% OF CONTRIBUTED
REVENUE
    * OUTLOOK 2022: CONFIRMS ITS FINANCIAL LEVERAGE RATIO TARGET
OF
AROUND 2.7X EBITDA AT YEAR-END 2022
    * CONFIDENT OF ATTAINING OBJECTIVES SET OUT IN ITS ROADMAP
THROUGH
TO 2025

Source text for Eikon:  ID:nBw86Sdv7a 
Further company coverage:  CCHE.PA 

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