Brief: Serge Ferrari H1 Revenues Rise To EUR 175.5 Mln

Sergeferrari SA

18/07/2023 16:58

July 18 (Reuters) - Sergeferrari Group SA  SEFER.PA :
    * SERGEFERRARI GROUP POSTS H1 2023 REVENUES OF EUR 175.5
MILLION,
UP 3.2%
    * ADJUSTED REVENUE AND PROFITABILITY OUTLOOK FOR 2023
    * AS A RESULT, 2023 CURRENT OPERATING MARGIN WILL BE
AFFECTED BY
THIS LOWER-THAN-EXPECTED SALES GROWTH
    * QUARTERLY REVENUE OF EUR 90.7M, VERY CLOSE TO Q2 2022
HISTORIC
RECORD
    * SHARP RISE IN ENERGY COSTS WILL NOT BE FULLY OFFSET BY
INITIAL
EASING IN PRICES FOR CERTAIN CATEGORIES OF RAW MATERIALS
    * SERGEFERRARI GROUP IS REVISING ITS GUIDANCE FOR OPERATING
PROFIT
FROM ORDINARY ACTIVITIES IN 2023 TO BETWEEN 5% AND 5.5% OF
REVENUE IN 2023, COMPARED WITH 7.4% IN 2022

Source text for Eikon:  ID:nBw9NxB90a 
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