Brief: SIG Group 9-Month Adjusted EBITDA Up By 26.7%

SIG AG

24/10/2023 06:04

Oct 24 (Reuters) - SIG GROUP AG  SIGNC.S :
    * RESILIENT THIRD QUARTER REVENUE GROWTH AND MARGIN
PERFORMANCE
    * FULL YEAR GUIDANCE MAINTAINED
    * ADJUSTED EBITDA INCREASED BY 26.7% TO EUR 581.7 MILLION
FOR NINE
MONTHS ENDED SEPTEMBER 30, 2023
    * ADJUSTED EBITDA MARGIN WAS 24.9% COMPARED WITH 24.0% FOR
9M 2022
DESPITE DILUTION FROM ACQUISITIONS
    * Q3 2023 FREE CASH FLOW GENERATION OF EUR 133 MILLION (Q3
2022:
EUR 101 MILLION)
    * ADJUSTED NET INCOME INCREASED FROM EUR 202.7 MILLION TO
EUR
223.4 MILLION FOR NINE MONTHS ENDED SEPTEMBER 30, 2023
    * REPORTED NET INCOME INCREASED BY EUR 61.0 MILLION TO EUR
136.9
MILLION FOR NINE MONTHS ENDED SEPTEMBER 30, 2023

Source text for Eikon:  ID:nEQ6tlSZXa 
Further company coverage:  SIGNC.S 

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