Brief: Synlab H1 2022 Reported Revenue Was Down 4% To EUR 1,851 Mln

Synlab AG

11/08/2022 06:07

Aug 11 (Reuters) - Synlab AG  SYAB.DE :
    * SYNLAB REPORTS SOLID H1 2022 RESULTS AND RAISES 2022
REVENUE
GUIDANCE
    * H1 2022 REPORTED REVENUE WAS DOWN 4% TO EUR 1,851 MILLION
(H1
2021: EUR 1,923 MILLION)
    * H1 2022 ADJUSTED EBITDA DECREASED BY 20% TO EUR 528
MILLION
    * H1 2022 NET PROFIT (GROUP SHARE) WAS EUR 122 MILLION
    * H1 2022 ADJUSTED NET PROFIT WAS DOWN BY 14%, TO EUR 320
MILLION,
EQUIVALENT TO AN ADJUSTED EPS OF EUR 1.44
    * EXPECTS FY 2022 REVENUE TO BE AROUND EUR 3.2 BILLION
    * EXPECTS FY 2022 ADJUSTED EBITDA MARGIN IS EXPECTED TO BE
WITHIN
A 24-25% RANGE
    * AIMS TO EXCEED EUR 200 MILLION OF M&A SPEND AGAIN IN 2022

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