Derichebourg: H1 earnings up 60%
(CercleFinance.com) - Derichebourg has published consolidated H1 sales of 2.
5 billion euros, up 54% y-o-y.
Growth is mainly thanks to its Environmental Services division (+70%), and to a lesser extent to its Multiservices business (+9%).
H1 underlying EBITDA reached 250.6 million euros, up 45.2% y-o-y, while pro-forma underlying EBITDA over 12 months amounted to 559 million euros.
Finally, net profit came in at 118.3 million euros, of which 117.8 million euros went to the shareholders of the consolidating entity (i.e. +60% compared with last year).
Derichebourg says it is very confident in the future of the recycling business and its industrial and financial prospects.
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5 billion euros, up 54% y-o-y.
Growth is mainly thanks to its Environmental Services division (+70%), and to a lesser extent to its Multiservices business (+9%).
H1 underlying EBITDA reached 250.6 million euros, up 45.2% y-o-y, while pro-forma underlying EBITDA over 12 months amounted to 559 million euros.
Finally, net profit came in at 118.3 million euros, of which 117.8 million euros went to the shareholders of the consolidating entity (i.e. +60% compared with last year).
Derichebourg says it is very confident in the future of the recycling business and its industrial and financial prospects.
Copyright (c) 2022 CercleFinance.com. All rights reserved.