Brief: Deceuninck H1 Net Result Turns To Profit Of EUR 20.6 Mln

Deceuninck NV

17/08/2021 06:07

Aug 17 (Reuters) - Deceuninck NV  DECB.BR :
    * H1 NET PROFIT OF € 20.6M OR € 0.15 EPS THANKS TO STRONG
OPERATIONAL RESULT AND LOWER FINANCIAL CHARGES
    * H1 SALES OF € 404.0M (+39.7%)
    * STRONG RESIDENTIAL CONSTRUCTION MARKET AS WELL AS HIGH RAW
MATERIAL PRICES EXPECTED TO PERSIST IN H2
    * EXPECT THAT THE EU GREEN DEAL WILL GRADUALLY BOOST THE
RENOVATION WAVE IN EUROPE
    * H1 ADJUSTED EBITDA EUR  51.0 MILLION VERSUS EUR 27.8
MILLION
YEAR AGO
    * H1 NET PROFIT EUR  20.6 MILLION VERSUS LOSS OF EUR 3.4
MILLION
YEAR AGO

Source text: https://bit.ly/3CWi0mv
Further company coverage:  DECB.BR 

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