Xebec Announces Q1 2022 Financial Results
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Thursday, May 12, 2022
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As of April 2022, the number of outstanding quotes in Q1 2022 are approximately double the number from the same period last year.
Key Points:
- As of April 2022, the number of outstanding quotes in Q1 2022 are approximately double the number from the same period last year.
- Q1 2022 saw a Gas-as-a-Service hydrogen generation project with Messer Group in the Czech Republic commissioned for two end users.
- The Support segment, now being rebranded under XBC Flow Services, delivered solid results in Q1 2022 but felt the impacts of supply chain constraints, increased logistics costs and continued COVID-19 restrictions.
- This press release refers to financial measures that are not recognized under International Financial Reporting Standard (IFRS).