Brief: Witbe FY Net Income Up At EUR 2.1 Mln

Witbe SA

21/04/2022 18:38

April 21 (Reuters) - Witbe SA  ALWIT.PA :
    * FY NET INCOME EUR 2.1 MILLION, OR 11.5% NET MARGIN
    * FY SUSTAINED GROWTH IN REVENUES: +33% GROWTH
    * INTENDS TO CONTINUE ITS GROWTH IN THE UNITED STATES IN
2022
    * OUTLOOK: RECORD CONTRACT OF MORE THAN 4 M€ AT BEGINNING OF
YEAR
    * COMPONENT TENSIONS REMAIN HIGH IN THE EARLY MONTHS OF 2022
    * OUTLOOK: ORION PROGRAM, AIMED AT CHANGING SCOPE OF GROUP,
IS IN
FULL MEASURE
    * RECORD ANNUAL EBITDA MARGIN: 21.8%
    * FY EBITDA EUR 4,2 MILLION VERSUS EUR EUR 0.1 MILLION YEAR
AGO
    * 2022 WELL UNDERWAY WITH, AT END OF MARCH 2022, €11.6
MILLION IN
REVENUES REALIZED OR TO BE RECOGNIZED OVER 2022, REPRESENTING
MORE THAN 60% OF ACTIVITY OF LAST FISCAL YEAR

Source text: https://bit.ly/3JZQLd7
Further company coverage:  ALWIT.PA 

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