Brief: Winfarm Q1 Revenue Up 24% To EUR 38.2 Mln

Winfarm SA

10/05/2023 17:18

May 10 (Reuters) - Winfarm SA  ALWF.PA :
    * Q1 2023 REVENUE UP 24% (OF WHICH 6% ORGANIC GROWTH).
    * IN LONGER TERM, GROUP HAS REASSERTED ITS AMBITION OF
ACHIEVING
REVENUE OF AROUND EUR 200M AND EBITDA MARGIN OF AROUND 6.5% BY
2025
    * IN 2023, WINFARM EXPECTS GROWTH TO CONTINUE, WITH A
GRADUAL
RETURN TO MORE NORMATIVE PRICE LEVELS
    * WILL WORK ON MAINTAINING STRICT FINANCIAL DISCIPLINE TO
LIMIT
WEIGHT OF CERTAIN OPERATING EXPENSES (SUCH AS FUEL) IN ORDER TO
IMPROVE ITS MARGINS

Source text for Eikon:  ID:nGNE1dFYMn 
Further company coverage:  ALWF.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))