Brief: Vetoquinol H1 EBIT Down At EUR 44.4 Mln

Vetoquinol SA

15/09/2022 16:56

Sept 15 (Reuters) - VETOQUINOL SA  VETO.PA :
    * VETOQUINOL: 2022 HALF YEAR RESULTS
    * H1 NET INCOME - GROUP SHARE: EUR 21M (7.9% OF SALES)
    * H1 GROUP EBIT WAS EUR 44.4M (16.4% OF SALES), COMPARED
WITH EUR
50.4M FOR FIRST HALF OF FINANCIAL YEAR 2021
    * IS NOT DIRECTLY PRESENT IN UKRAINE AND RUSSIA, BUT REMAINS
EXPOSED TO CONSEQUENCES OF ECONOMIC TENSIONS OF THIS CONFLICT
AND IN PARTICULAR TO SHARP INCREASES IN COST OF CERTAIN RAW
MATERIALS, ENERGY AND LOGISTICS
    * H1 EBITDA EUR 62 MILLION
    * ALSO REMAINS ATTENTIVE AND VIGILANT TO EVOLUTION OF HEALTH
CRISIS IN COUNTRIES WHERE IT SELLS ITS PRODUCTS AND PURCHASES
GOODS AND SERVICES
    * AT END OF JUNE 2022, VETOQUINOL HAD A POSITIVE NET CASH
POSITION
OF EUR 23.7M (AFTER TAKING INTO ACCOUNT IFRS 16) COMPARED TO EUR
53.6M AT 31 DECEMBER 2021

Source text for Eikon:  ID:nBw2VXqD3a 
Further company coverage:  VETO.PA 

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