Growth accelerated further in Q2 21/22 with margins still good
Sesa reported organic sales growth of 13% in Q2 (vs HSD in Q1). Including MandA, group sales growth was 20.5%. The acceleration was driven by the VAD division, whose growth rate accelerated strongly both organically and on MandA. The Business Service division accelerated as well. EBITDA margin was 7.2% in Q2 (vs 7% in Q1), supporting good operating leverage at the central level as divisionally the margins did not expand compared to ....

20 Dec 2021
Supportive trends continued in Q2

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Supportive trends continued in Q2
- Published:
20 Dec 2021 -
Author:
Baldelli Michele BM -
Pages:
6 -
Growth accelerated further in Q2 21/22 with margins still good
Sesa reported organic sales growth of 13% in Q2 (vs HSD in Q1). Including MandA, group sales growth was 20.5%. The acceleration was driven by the VAD division, whose growth rate accelerated strongly both organically and on MandA. The Business Service division accelerated as well. EBITDA margin was 7.2% in Q2 (vs 7% in Q1), supporting good operating leverage at the central level as divisionally the margins did not expand compared to ....