Brief: Wedia H1 Current Operating Profit Down To EUR 0.5 Mln

Wedia SA

29/09/2022 17:38

Sept 29 (Reuters) - WEDIA SA  ALWED.PA :
    * H1 CURRENT OPERATING PROFIT EUR 0.5 MILLION VERSUS EUR 0.7
MILLION YEAR AGO
    * H1 NET RESULT GROUP SHARE EUR 176,000 VERSUS EUR 405,000
YEAR
AGO
    * AVAILABLE CASH AT 30 JUNE 2022 WAS MORE THAN EUR 6.4
MILLION AND
NET CASH, AFTER THE ACQUISITION OF TRIPNITY, WAS POSITIVE
    * FOR 2022, THE WEDIA GROUP ANTICIPATES REVENUES ABOVE
18MEUR
(+15%) WITH STRONG GROWTH IN SAAS REVENUES
    * THE INVESTMENTS MADE AND THE COMPLEMENTARITIES OF THE
VARIOUS
COMPANIES IN THE GROUP WILL ENABLE FURTHER GROWTH IN 2023
    * WEDIA CONFIRMS ITS OBJECTIVE, BY 2024, TO JOIN THE TOP 5
PLAYERS
IN THE WORLD MARKET AND TO ACHIEVE A TURNOVER OF 30 MEUR

Source text for Eikon:  ID:nACT76446 
Further company coverage:  ALWED.PA 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))