Brief: Seche Environnement Q1 Consolidated Revenue Up At 180.8 Million Euros

Seche Environnement SA

27/04/2021 17:24

April 27 (Reuters) - SECHE ENVIRONNEMENT SA  CCHE.PA :
    * STRONG ACTIVITY IN Q1 2021
    * AS OF MARCH 31, 2021, CONSOLIDATED REVENUE OF EUR 180.8M,
COMPARED TO EUR 172.9M ONE YEAR EARLIER, BEFORE CONSOLIDATION OF
SPILL TECH3
    * FOR FY 2021 SEES GROUP PLANS TO ACCELERATE ITS ORGANIC
GROWTH
RATE THROUGHOUT YEAR, WITH A FAVORABLE BASE STARTING IN Q2 2020.
    * ON AN ACTUAL BASIS, 2021 WILL ALSO RECORD CONTRIBUTION OF
SPILL
TECH, WHICH IS CURRENTLY BEING ACQUIRED WITH EXPECTED REVENUE OF
AROUND EUR 30M FOR ITS FISCAL YEAR ENDING FEBRUARY 28, 2022
    * ALSO CONFIRMS ITS TARGET EBITDA MARGIN FOR 2021 OF AROUND
21% OF
REVENUE

Source text: https://bwnews.pr/32V8Tlg
Further company coverage:  CCHE.PA 

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