Brief: CFE Q1 Revenue Up At 272.8 Million Euros
19/05/2022 06:43
May 19 (Reuters) - Compagnie d'entreprises CFE SA CFEB.BR :
* REVENUE Q1 OF 2022 AMOUNTED TO € 272.8 MILLION, SLIGHTLY
UP BY
3.9% COMPARED TO THE FIRST QUARTER OF 2021
* THE IMPACT OF THE UKRAINIAN CONFLICT IN TERMS OF RISING
MATERIAL
PRICES AND DISRUPTION OF THE SUPPLY CHAINS WILL WEIGH ON CFE’S
NET RESULT IN 2022
* Q1 ORDER BOOK REMAINS WELL FILLED AT € 1.68 BILLION, AN
INCREASE
BY 10.8% YEAR-ON-YEAR
* NET RESULT IN 2022 SHOULD BE LOWER COMPARED TO 2021, BUT
THE
RETURN ON EQUITY (ROE) WILL EXCEED THE LONG-TERM OBJECTIVE OF
15%
* END-MARCH NET FINANCIAL DEBT EUR 73.0 MILLION VERSUS EUR
156.4
MILLION YEAR AGO
Further company coverage: CFEB.BR
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 772 09 20;))