The company said that FY:23 performance will be in the tune of H1:23 ie double digit top line and EBITDA growth while bottom line (Net income) will be positive but at a slower pace (in our understanding marginally positive).
- Management guided for €0.5mn additional interest expenses burden for every 0.5% ECB major rate whereas for clima new business (GE DEMITRIOU) sales are projected to come above the €50mn threshold (we have assumed €60mn sales for Demitriou in FY:23) on strong Q2 and Q3 sales due to weather conditions.
At maturity that is in 2 -3 years’ time Demitriou is expected to operate at an EBITDA margin in the tune of 8-10%. QUEST is participation in Curry’s group tender process for the sale of Kotsovolos but further developments expected in October 2023 with potential if any acquisition to have been completed not before end 2023.
|
QUEST |
2022 |
2023 |
Y-o-Y |
2023 Est. |
Act. vs |
2022 |
2023 |
Y-o-Y |
2023 Est. |
Act. vs |
|
EUR m. |
H1 |
H1 |
(%) |
H1 |
Est. |
Q2 |
Q2 |
(%) |
Q2 |
Est. |
|
Sales |
478.8 |
544.0 |
13.6% |
535.2 |
1.6% |
240.7 |
258.1 |
7.2% |
249.3 |
3.5% |
|
EBITDA |
34.5 |
39.0 |
13.0% |
38.7 |
0.7% |
17.6 |
19.5 |
10.8% |
19.3 |
1.4% |
|
EBITDA Mrg |
7.2% |
7.2% |
-4 bps |
7.2% |
-7 bps |
7.3% |
7.6% |
+25 bps |
7.7% |
-16 bps |
|
Net Income |
20.7 |
20.8 |
0.8% |
19.67 |
5.9% |
10.7 |
10.8 |
0.6% |
9.6 |
12.2% |
|
Net Mrg |
4.3% |
3.8% |
-49 bps |
3.7% |
+16 bps |
4.5% |
4.2% |
-27 bps |
3.9% |
+32 bps |
στο Google News και μάθετε πρώτοι όλες τις ειδήσεις
