EQS-News: Nabaltec AG publishes half-year report 2023
EBIT in the first six months of 2023 at EUR 8.5 million (first half of 2022: EUR 15.7 million)
- EBIT in the first six months of 2023 at EUR 8.5 million (first half of 2022: EUR 15.7 million)
Schwandorf, 24 August 2023 – Nabaltec AG today published its half-year report 2023, in which it confirms the previously announced quarterly revenues of EUR 49.1 million in the second quarter (-12.2%; prior-year quarter: EUR 55.9 million). - Thus, in the first quarter of 2023, we were once again able to increase revenues despite declining sales volumes, which was no longer possible in the second quarter," reports Johannes Heckmann, CEO of Nabaltec AG.
- Nabaltec AG generated earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 14.9 million in the first six months of 2023, compared to EUR 22.2 million in the first half of the previous year (-32.9%).
- On the earnings side, the company forecasts an EBIT margin for 2023 in a range of 6% to 8%.