Declining results in Q2 on an organic basis, a touch below our estimates
Salcef has unveiled its Q2 2022 results, which were down YoY on an organic basis, a touch below our estimates: revenues +2% YoY (ca. -4% like-for-like), EBITDA -9%, EBIT -19% adj. net income -16%. Backlog reached ca. EUR 1.35bn, with a book-to-bill at 2.2x, on the back of new order totalling ca. EUR 200m and the consolidation of PSC''s business unit''s backlog in Q2 2022. The company posted a net financial position of ca. E ....
05 Aug 2022
FY guidance confirmed, MandA to materialise soon
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FY guidance confirmed, MandA to materialise soon
Declining results in Q2 on an organic basis, a touch below our estimates
Salcef has unveiled its Q2 2022 results, which were down YoY on an organic basis, a touch below our estimates: revenues +2% YoY (ca. -4% like-for-like), EBITDA -9%, EBIT -19% adj. net income -16%. Backlog reached ca. EUR 1.35bn, with a book-to-bill at 2.2x, on the back of new order totalling ca. EUR 200m and the consolidation of PSC''s business unit''s backlog in Q2 2022. The company posted a net financial position of ca. E ....