Strong Q4 22 even if FCF lags due to capex plan
WIIT ended the year with a strong Q4 22: organic sales growth was c. +15% (reported +39%) thanks to new contracts, upselling, and cost recovery actions on pricing. EBITDA margin is back to 37% thanks to a full recovery of the gross margin after the dilutive effects of higher energy costs. Without a one-off effect from the signing of Tinexta, the margin would have been 35.5%, which is close to the H1 level. Group net debt stood at EUR183m, in line w ....
20 Mar 2023
Positive trends continuing into 2023
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Positive trends continuing into 2023
Strong Q4 22 even if FCF lags due to capex plan
WIIT ended the year with a strong Q4 22: organic sales growth was c. +15% (reported +39%) thanks to new contracts, upselling, and cost recovery actions on pricing. EBITDA margin is back to 37% thanks to a full recovery of the gross margin after the dilutive effects of higher energy costs. Without a one-off effect from the signing of Tinexta, the margin would have been 35.5%, which is close to the H1 level. Group net debt stood at EUR183m, in line w ....