Brief: Spadel Expects Slight Increase In FY Recurring Operating Income

Societe de Services de Participations, de Direction et dElaboration SA

23/08/2021 16:40

Aug 23 (Reuters) - Spadel  SPAB.BR :
    * H1 REVENUE EUR 140.9 MILLION VERSUS EUR 132.4 MILLION YEAR AGO
    * H1 OPERATING RESULT EUR 21.5 MILLION VERSUS EUR 14.5 MILLION YEAR AGO
    * H1 RESULT FOR THE PERIOD EUR 17.9 MILLION VERSUS EUR 10.7 MILLION YEAR AGO
    * SOLVENCY RATIO AT 30 JUNE WAS 58.9%
    * GROUP'S CASH POSITION AT 30 JUNE 2021 WAS 71.6 MILLION EUROS
    * REMAINS VIGILANT WITH REGARD TO VERY HIGH PRICE INFLATION OBSERVED FOR ALL
RAW
MATERIALS, WHICH COULD IMPACT GROUP'S RESULTS IN SHORT AND MEDIUM TERM
    * WE EXPECT A SLIGHT INCREASE IN RECURRING OPERATING INCOME FOR THE YEAR,
EXCLUDING EXCEPTIONAL ITEMS
    * ROEL VAN NEERBOS APPOINTED SPADEL'S CHAIRMAN OF BOARD OF DIRECTORS


Further company coverage:  SPAB.BR 

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