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Quadient: H1 sales up, but profit down

(CercleFinance.com) - Yesterday evening Quadient published consolidated turnover of 524 million euros for H1 2022, up 4% y-o-y (or +0.
7% in organic terms).

Q2 sales amounted to 271 million euros, up 5.4% as reported and up 2% in organic terms.

However, net profit, group share, fell by 35.6% to 29 million euros, representing an EPS of 0.75 euro, compared with 1.19 euro a year earlier.

For FY 2022, Quadient expects organic sales growth of over 2% compared to 2021.



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