Brief: Viscofan H1 Net Profit At €71.3 Mln
BRIEF-Viscofan H1 Net Profit At €71.3 Mln July 29 (Reuters) - Viscofan SA VIS.MC:
H1 NET SALES €629.8 MILLION
H1 NET PROFIT €71.3 MILLION
H1 EBITDA €134.5 MILLION
EXPECTS EBITDA AT LOW END OF FORECAST RANGE
SAYS INVESTMENTS IN H1 2026 AMOUNTED TO €34.5 MILLION, IN LINE WITH TARGET OF €100 MILLION SET FOR YEAR
APPLIES COST AUSTERITY TO MAINTAIN FINANCIAL TARGETS
SAYS COST ENVIRONMENT FROM MIDDLE EAST EXPECTED TO PUT PRESSURE ON OPERATING MARGINS, CO TO INCREASE PRICES AND APPLY COST-CUTTING MEASURES
SAYS MEASURES AIMED AT MAINTAINING FINANCIAL TARGETS PUBLISHED IN FEBRUARY OF THIS YEAR
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