(CercleFinance.com) – The stock gained almost 1% after the announcement of its results for the first half of 2022.
The group announced revenue of 3,428 ME, down -1.7% like-for-like compared to the 1st half of 2021. EBITDA stood at 192 ME, of which 126 ME related to the application of IFRS 16, down -€18 million compared to the first half of 2021.
Current operating income amounted to €19 million in the 1st half of 2022. Net income, Group share from continuing operations for the first half of 2022 was down at -17 million.
The group confirms its objectives of achieving cumulative free operating cash flow of approximately 500 ME over the 2021-2023 period, and free operating cash flow of at least 240 ME at an annual rate from 2025.
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