Brief: Wirtek Adjusts 2022 Guidance, Gives 2023 Outlook

Wirtek A/S

13/02/2023 15:29

Feb 13 (Reuters) - Wirtek A/S  WIRTEK.CO :
    * CHANGES EXPECTATIONS FOR 2022 AND ANNOUNCES EXPECTATIONS FOR 2023
    * 2022 EBITDA EXPECTATION DKK 7.1M - 7.5M
    * PREVIOUS 2022 EBITDA GUIDANCE: ADJUSTED EBITDA  IN RANGE OF DKK 8.6M - 9.6M.
    * SEES 2022 REVENUE AT DKK 65.7M, WITHIN LATEST ANNOUNCED RANGE OF DKK 64.0M - 69.0M
    * SEES 2023 ORGANIC REVENUE OF DKK 73.0 - 78.0 MILLION
    * SEES 2023 EBITDA OF DKK 6.0 - 9.0 MILLION
    * DECREASE IN EXPECTED 2022 EBITDA IS PRIMARILY CAUSED BY SIGNIFICANT COSTS FROM INFLATION
PACKAGES IMPLEMENTED DURING Q4 2022 TO SUPPORT EMPLOYEES IN ROMANIA
    * DECREASE IN EXPECTED 2022 EBITDA IS CAUSED BY ONE-OFF COSTS RELATED TO ACQUISITION PROCESS
THAT
CO CHOSE TO END DURING OCTOBER 2022

Source text for Eikon:  ID:nWkr8fzvF9 
Further company coverage:  WIRTEK.CO 
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