Brief: SQLI H1 EBITDA At EUR 12.1 Million

Sqli SA

22/09/2022 17:31

Sept 22 (Reuters) - Sqli SA  SQLI.PA :
    * AT END-JUNE 2022, CONSOLIDATED REVENUE WAS EUR124.5M, UP
+9.4%
OVER 12 MONTHS ON A REPORTED BASIS
    * H1 NET PROFIT WAS EUR2.6M VERSUS EUR2.8M IN H1 2021
    * AT END-JUNE 2022, SQLI HAD GROSS CASH OF EUR16.9M
(EUR32.6M AT
END-2021) AND NET FINANCIAL DEBT (EXCLUDING IFRS 16) OF EUR9.4M
(EUR16.4M AT END-DECEMBER 2021) FOR SHAREHOLDERS' EQUITY OF
EUR105.2M
    * SQLI AIMS TO MAINTAIN REVENUE GROWTH RATE AND INCREASE IN
MARGINS ACHIEVED IN FIRST HALF OF 2022, WHILE REMAINING CAUTIOUS
GIVEN MACROECONOMIC TENSION AND ITS POTENTIAL IMPACT
    * NET DEBT TO EQUITY RATIO STOOD AT A VERY COMFORTABLE 9%
AND NET
DEBT TO 12-MONTH EBITDA RATIO IS 0.5 TIMES.
    * H1 EBITDA CAME IN AT EUR 12.1M (9.7% OF REVENUE) AND
CURRENT
OPERATING INCOME AT EUR11.2M (9.0% OF REVENUE)

Source text for Eikon:  ID:nACT76333 
Further company coverage:  SQLI.PA 
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