Brief: Sidetrade FY Operating Profit Down At EUR 3.7 Mln

SideTrade SA

04/04/2023 17:33

April 4 (Reuters) - Sidetrade SA  ALBFR.PA :
    * RECORD BOOKINGS IN 2022
    * FY REVENUE EUR 36.8 MILLION VERSUS EUR 32.6 MILLION YEAR
AGO
    * FY OPERATING PROFIT EUR 3.7 MILLION VERSUS EUR 5 MILLION
YEAR
AGO
    * FY NET PROFIT EUR 3.4 MILLION VERSUS EUR 4.7 MILLION YEAR
AGO,
DOWN -28%
    * SIDETRADE REPORTED EUR 20.3 MILLION IN GROSS CASH AT
YEAR-END
(VERSUS. EUR 18 MILLION IN 2021)
    * GROSS MARGIN REMAINED AT A VERY HIGH LEVEL, TOPPING OUT AT
79%
OF REVENUE FOR 2022
    * FY FINANCIAL DEBT STANDS AT EUR 12 MILLION (FIXED RATE AT
1.1%)
    * OUTLOOK: LOOKS AHEAD TO FISCAL 2023 WITH CONFIDENCE AND A
CLEAR
VISION AND HAS RESOURCES TO FULFILL ITS AMBITIONS

Source text for Eikon:  ID:nGNE9k4DpR 
Further company coverage:  ALBFR.PA 

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