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

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Brief: Touax Q1 Revenue From Activities Up At EUR 37.4 Mln

May 12 (Reuters) - TOUAX SGTR CITE SGT CMTE TAF SLM TOUAGE
INVESTISSEMENTS REUNIES SCA  TETR.PA :
    * TOUAX: GROWTH IN BUSINESS IN THE FIRST QUARTER OF 2022
(+52.3%)
    * RESTATED REVENUE FROM ACTIVITIES OF €37.4 MILLION IN THE
FIRST
THREE MONTHS OF THE YEAR, UP €12.9 MILLION (+52.3%)
    * GOOD RESILIENCE IN THE CONTEXT OF WAR IN UKRAINE AND
INFLATION
    * CONFIRMED THE GROWTH IN ITS REVENUE THAT BEGAN IN THE
SECOND
HALF OF 2021
    * STRONG INCREASE STEMS FROM THE SUSTAINED INVESTMENT
STRATEGY
BEGUN AT THE END OF 2020 IN ITS THREE BUSINESS LINES
    * IS NOT DIRECTLY EXPOSED TO THIS CONFLICT OR THE ECONOMIC
SANCTIONS ON RUSSIA, AS IT HAS NO SUBSIDIARIES, CUSTOMERS OR
LEASED TRANSPORT ASSETS (WITH THE POSSIBLE EXCEPTION OF A FEW
NON-MATERIAL CONTAINERS IN TRANSIT) IN UKRAINE OR RUSSIA
    * INDIRECTLY, THIS CONFLICT MAY HAVE CONSEQUENCES THAT ARE
DIFFICULT TO ASCERTAIN
    * WE NOTE THAT OUR ASSETS ARE GAINING VALUE DURING THIS
INFLATIONARY PERIOD
    * FROM A STRUCTURAL AND MEDIUM/LONG-TERM PERSPECTIVE, THE
BUSINESS
OUTLOOK IN THE LONG-TERM LEASING OF EQUIPMENT FOR SUSTAINABLE
TRANSPORTATION IS POSITIVE

Source text for Eikon:  ID:nGNE7TzXFS 
Further company coverage:  TETR.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))

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