Q4 2021 results a tad higher than expected - shipping drove the performance
Orsero posted a sound set of results in Q4 2021: revenues +11% YoY; adj. EBITDA +21%; adj. EBIT +87%; net income +675%. FY results were a tad higher than both the company guidance and our estimates. The main driver of this positive performance was the shipping division, which posted a good +72% YoY increase in terms of EBITDA in Q4. The net financial position reached EUR -84.3m vs. EUR -75.1m as at the end of Q3 2021. O ....
16 Mar 2022
Rock-solid 2022 guidance - MandA on the horizon
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Rock-solid 2022 guidance - MandA on the horizon
Q4 2021 results a tad higher than expected - shipping drove the performance
Orsero posted a sound set of results in Q4 2021: revenues +11% YoY; adj. EBITDA +21%; adj. EBIT +87%; net income +675%. FY results were a tad higher than both the company guidance and our estimates. The main driver of this positive performance was the shipping division, which posted a good +72% YoY increase in terms of EBITDA in Q4. The net financial position reached EUR -84.3m vs. EUR -75.1m as at the end of Q3 2021. O ....