Brief: TXT E-Solutions Q3 Net Profit Down to EUR 1.8 Mln

TXT e Solutions SpA

08/11/2022 13:45

Nov 8 (Reuters) - TXT e solutions SpA  TXTS.MI :
    * Q3 NET PROFIT EUR 1.8 MILLION VERSUS EUR 2.1 MILLION YEAR
AGO
    * Q3 REVENUE EUR 29.9 MILLION VERSUS EUR 23.0 MILLION YEAR
AGO
    * SEES FOR THE Q4 2022 A POSITIVE TREND IN LINE WITH THAT
RECORDED
IN THE FIRST NINE MONTHS OF THE YEAR IN THE AEROSPACE, AVIATION
& AUTOMOTIVE DIVISION
    * EXPECTS Q4 STRONG GROWTH IN REVENUE IN FINTECH DIVISION
WITH
POSITIVE EFFECTS ON MARGINS
    * IN Q4 AND 2023 GROUP PLANS TO CONTINUE ITS M&A PLAN WITH
CONSOLIDATION OF ESTABLISHED BUSINESSES, SMALLER BUT
HIGH-POTENTIAL REALITIES

Further company coverage:  TXTS.MI 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))