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IFA1V Innofactor Oyj News Story

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Brief: Innofactor Q1 Operating Income Down At EUR 1.3 Mln

April 26 (Reuters) - Innofactor Plc  IFA1V.HE :
    * Q1 NET SALES WERE APPROXIMATELY EUR 17.0 MILLION (2021:
17.8),
REPRESENTING A DECREASE OF 4.7%
    * Q1 OPERATING PROFIT WAS EUR 1.3 MILLION (2021: 3.8),
REPRESENTING A DECREASE OF 65.4%
    * NET SALES AND OPERATING MARGIN (EBITDA) IN 2022 ARE
ESTIMATED TO
INCREASE FROM 2021
    * OPERATING MARGIN (EBITDA) FOR 2022 IS ESTIMATED TO
INCREASE FROM
EUR 7.5 MILLION

Further company coverage:  IFA1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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