Brief: Talenom Q1 EBITDA Rises To EUR 8.9 Million

Talenom

26/04/2022 07:06

April 26 (Reuters) - Talenom Oyj  TNOM.HE :
    * REG-TALENOM PLC’S BUSINESS REVIEW JANUARY–MARCH 2022:
STRONG
GROWTH CONTINUED WITH EXCELLENT PROFITABILITY
    * Q1 NET SALES EUR 25.2 MILLION (20.3),
    * Q1 EBITDA EUR 8.9 MILLION (7.2)
    * GUIDANCE FOR 2022 UNCHANGED
    * Q1 OF 2022 BEGAN WITH GENERAL ECONOMIC ACCELERATION CAUSED
BY
RECOVERY FROM COVID PANDEMIC AND EFFECTS OF WAR IN UKRAINE ON
OPERATING ENVIRONMENT
    * RISE IN ENERGY PRICES HAS ACCELERATED BECAUSE OF WAR,
WORKFORCE
AVAILABILITY PROBLEMS HAVE INTENSIFIED SINCE PANDEMIC, AND AT
SAME TIME VARIOUS SUPPLY CHAIN CHALLENGES HAVE INCREASED
IMBALANCE IN DEMAND AND SUPPLY, ACCELERATING INFLATION. T
    * CHANGE IN OPERATING ENVIRONMENT CHALLENGES OUR CUSTOMERS
AND
INCREASES DEMAND FOR TALENOM'S EXTENSIVE VALUE-ADDED SERVICES
    * IF WAR IN UKRAINE IS NOT SIGNIFICANTLY PROLONGED, ITS
IMPACT ON
OUR BUSINESS IS EXPECTED TO BE LIMITED
    * WE REITERATE OUR GUIDANCE AND EXPECT 2022 NET SALES TO BE
AROUND
EUR 100-110 MILLION AND EBIT TO BE EUR 15-18 MILLION

Source text for Eikon:  ID:nGNE1X3nb5 
Further company coverage:  TNOM.HE 

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