Brief: Synlab Q1 Adjusted EBITDA At EUR 357 Mln

Synlab AG

12/05/2022 06:08

May 12 (Reuters) - SYNLAB AG  SYAB.DE :
    * Q1 REVENUE OF EUR 1.06 BILLION, +13.1% GROWTH VERSUS. Q1
2021
    * Q1 ADJUSTED EBITDA OF EUR 357 MILLION, VERY HIGH MARGIN AT
33.6%
    * FY 2022 REVENUE OUTLOOK REVISED UPWARD TO EUR 3.1 BILLION
(FROM
EUR 3.0 BILLION) AND ADJUSTED EBITDA MARGIN EXPECTED AT 24-25%
(FROM 23-25%) TO REFLECT STRONG START OF YEAR
    * Q1 2022 ADJUSTED NET PROFIT (GROUP SHARE) GREW BY 20%,
DRIVEN BY
IMPROVED FINANCIAL RESULTS AND PARTLY OFFSET BY A HIGHER TAX
EXPENSE

Source text for Eikon:  ID:nEQ1Fqcz6a 
Further company coverage:  SYAB.DE 

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