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21st Austria weekly - Semperit (15/05/2024)

19.05.2024

Semperit: In the first three months of 2024, the Semperit Group generated stable revenue of EUR 176.0 million (1–3 2023: EUR 176.4 million) while EBITDA increased by 9.4% to EUR 23.0 million. The cost-cutting programs introduced in 2023 already reduced expenses by a total of EUR 9.9 million, of which EUR 4.1 million was attributable to the first quarter of 2024. Earnings after tax improved to EUR 3.6 million (1–3 2023: EUR 0.4 million). Earnings after tax from continued operations were positive at EUR 5.0 million. “The market environment remained challenging, but the cost-cutting measures we introduced at an early stage are taking effect, and our industrial strategy with investments in our growth and a further increase in sales excellence is being fully implemented,” says Semperit CEO Karl Haider. “We thus confirm our guidance and see ourselves well on track to increase our EBITDA to around EUR 80 million in the full year 2024.”
Semperit: weekly performance: 1.54%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/05/2024)


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21st Austria weekly - Semperit (15/05/2024)


19.05.2024, 1066 Zeichen



Semperit: In the first three months of 2024, the Semperit Group generated stable revenue of EUR 176.0 million (1–3 2023: EUR 176.4 million) while EBITDA increased by 9.4% to EUR 23.0 million. The cost-cutting programs introduced in 2023 already reduced expenses by a total of EUR 9.9 million, of which EUR 4.1 million was attributable to the first quarter of 2024. Earnings after tax improved to EUR 3.6 million (1–3 2023: EUR 0.4 million). Earnings after tax from continued operations were positive at EUR 5.0 million. “The market environment remained challenging, but the cost-cutting measures we introduced at an early stage are taking effect, and our industrial strategy with investments in our growth and a further increase in sales excellence is being fully implemented,” says Semperit CEO Karl Haider. “We thus confirm our guidance and see ourselves well on track to increase our EBITDA to around EUR 80 million in the full year 2024.”
Semperit: weekly performance: 1.54%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/05/2024)



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