Brief: Sergeferrari Group H1 Revenue Up At 144.7 Million Euros

Sergeferrari SA

06/09/2021 16:58

Sept 6 (Reuters) - Sergeferrari Group SA  SEFER.PA :
    * H1 REVENUE ROSE 81.6 PERCENT TO 144.7 MILLION EUR
    * HALF YEAR NET PROFIT 8.7 MILLION EUR
    * SERGEFERRARI GROUP: STRONG GROWTH IN 2021 HALF-YEAR
RESULTS
    * 2021 OUTLOOK: CONFIDENCE IN SECOND HALF AND DEPLOYMENT OF
INDUSTRIAL SYNERGIES
    * H1 ADJUSTED EBITDA EXCLUDING IFRS 16 IMPACT CAME TO EUR
21.6
MILLION, UP 137% VERSUS H1 2020
    * SERGEFERRARI GROUP CONFIRMS ITS MEDIUM-TERM EUR 300
MILLION
REVENUE TARGET WITH PROFIT MARGIN GROWTH OUTPACING SALES GROWTH
    * H1 EBIT AMOUNTED TO EUR 14.3 MILLION, A 3.4-FOLD INCREASE
FROM
H1 2020
    * LOOKS FORWARD TO SECOND HALF WITH CONFIDENCE, DESPITE A
LESS
FAVORABLE BASE EFFECT AND SEASONALITY THAN AT START OF YEAR
    * NET DEBT AT JUNE 30, 2021 EXCLUDING IFRS 16 IMPACT
(EXCLUDING
OPERATING LEASES) STOOD AT EUR 38.9 MILLION VERSUS EUR 34.3
MILLION AT DECEMBER 31, 2020

Source text for Eikon:  ID:nBwbdQs36a 
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