Brief: Wavestone FY EBIT Up At EUR 74.8 Mln

Wavestone SA

31/05/2022 18:05

May 31 (Reuters) - WAVESTONE SA  WAVE.PA :
    * FY NET INCOME GROUP SHARE EUR 51.0 MILLION VERSUS EUR 25.4
MILLION YEAR AGO
    * FY REVENUE EUR 470.1 MLN VS EUR 417.6 MLN YR AGO
    * FY OPERATING RESULT (EBIT) EUR 74.8 MILLION VERSUS EUR
53.3
MILLION YEAR AGO
    * END-MARCH NET CASH AT EUR 60.3 MILLION
    * COMMERCIAL VISIBILITY REMAINS EXCELLENT, WITH AN ORDER
BOOK OF
4.3 MONTHS AT MARCH 31, 2022
    * FOR 2022-2023, EXPECTS REVENUE ABOVE EUR 505 MILLION
    * FIRM CONTINUES ACTIONS IN TERMS OF EXTERNAL GROWTH, WITH
AIM OF
MAKING NEW ACQUISITIONS DURING THE YEAR, GIVING PRIORITY TO THE
U.S. AND UK, WITHOUT FORBIDDING TACTICAL OPERATIONS IN FRANCE
    * FOR 2022-2023, EXPECTS CURRENT OPERATING (EBIT) MARGIN AT
AROUND
15%

Source text for Eikon:  ID:nACT74806 
Further company coverage:  WAVE.PA 

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