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ALTOU — Touax Sgtr Cite Sgt Cmte Taf Slm Touage Investissements Reunies SCA News Story

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Brief: Touax H1 EBITDA Up At EUR 29.5 Mln

Sept 28 (Reuters) - Touax Sgtr Cite Sgt Cmte Taf Slm
Touage Investissements Reunies SCA  TETR.PA :
    * TOUAX: RESULTS AS OF 30 JUNE 2022: ACCELERATION IN
PROFITABILITY
OVER THE HALF-YEAR
    * END-JUNE GROUP SHARE OF NET PROFIT: EUR 7.6 MILLION (X 3.8
VERSUS JUNE 2021)
    * END-JUNE EBITDA UP SHARPLY TO EUR 29.5 MILLION (+38%
YEAR-ON-YEAR), DRIVEN BY CONTAINER AND FREIGHT RAILCAR
ACTIVITIES
    * TOUAX IS NOT DIRECTLY EXPOSED TO RUSSIA-UKRAINE CONFLICT,
AS IT
HAS NO SUBSIDIARIES, CUSTOMERS OR LEASED TRANSPORT ASSETS
    * CURRENT INFLATIONARY ENVIRONMENT HAS A POSITIVE EFFECT ON
THE
VALUATION OF THE PORTFOLIO OF ASSETS
    * BUSINESS OUTLOOK IN THE LONG-TERM LEASING OF EQUIPMENT FOR
SUSTAINABLE TRANSPORTATION IS POSITIVE
    * GROUP SHARE OF NET PROFIT CAME TO EUR 7.6 MILLION IN H1
2022
(VERSUS. EUR 2.0 MILLION A YEAR EARLIER)
    * END-H1 GROUP'S NET DEBT STOOD AT EUR 242 MILLION, UP EUR
11
MILLION YEAR-TO-DATE
    * GROUP EBITDA STOOD AT EUR 29.5 MILLION AT 30 JUNE 2022, UP
SHARPLY (BY EUR 8.2 MILLION) ON H1 2021
    * H1 RESTATED REVENUE FROM ACTIVITIES EUR 78.3 MLN VS EUR
52.5 MLN
YEAR AGO

Source text for Eikon:  ID:nGNEbkSDCC 
Further company coverage:  TETR.PA 
 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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