Brief: Witbe H1 Net Result Turns To Profit Of EUR 0.02 Mln

Witbe SA

22/09/2022 17:32

Sept 22 (Reuters) - Witbe SA  ALWIT.PA :
    * H1 NET PROFIT EUR 0.02 MILLION VERSUS LOSS EUR 0.2 MILLION
YEAR
AGO
    * 21.0 MEUR OF TURNOVER ALREADY ACHIEVED OR TO BE RECORDED
FOR THE
YEAR 2022 
    * H1 EBITDA MARGIN INCREASED TO 13.7%
    * H1: AFTER TAKING INTO ACCOUNT NET ALLOCATIONS TO
DEPRECIATION
AND PROVISIONS, THE OPERATING RESULT AND THE HALF-YEARLY NET
RESULT ARE BALANCED
    * H1 REVENUE EUR 9.4 MILLION VERSUS EUR 7.7 MILLION YEAR AGO
    * WITBE GENERATED AN OPERATING CASH FLOW OF +1.2 MEUR IN THE
1ST
HALF OF 2022
    * AS OF JUNE 30, 2022, AVAILABLE CASH AMOUNTED TO EUR 1.3
MILLION
FOR FINANCIAL DEBT REDUCED TO EUR 3.7 MILLION
    * WITBE IS ON COURSE FOR A RECORD YEAR 2022, SIGNALING
ANOTHER
YEAR OF SUSTAINED BUSINESS GROWTH
    * IN MID-SEPTEMBER, THE TURNOVER ACHIEVED OR TO BE RECORDED
FOR
2022 NOW STANDS AT 21.0 MEUR, ALREADY HIGHER THAN THE TURNOVER
RECORDED FOR THE WHOLE OF THE LAST FINANCIAL YEAR (19.1 MEUR )

Source text: https://bit.ly/3xKwZz6
Further company coverage:  ALWIT.PA 
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