Overview
Lithuania furniture maker's fiscal H1 revenue rose yr/yr, but net profit declined sharply
Fiscal Q2 revenue grew slightly, but company posted net loss versus prior-year profit
Fiscal H1 EBITDA declined to EUR 4.3 mln from EUR 7.7 mln a year earlier
Result Drivers
PROFIT DECLINE - Net profit for the first half amounted to EUR 1,207 thousand, compared to EUR 3,818 thousand in the corresponding period of the previous year
Company press release: ID:nGNE3h6f4H
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
EUR 1.21 mln
H1 EBITDA
EUR 4.30 mln
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)