Radiocor News

Sesa FY net 78.3 mln eur, down 7.3%

FY revenue 3.21 bln eur, up 10.4% (Il Sole 24 Ore Radiocor) - Milan , 18 Jul - Sesa, an Italian provider of digital and information technology services for businesses, said it reported a net profit of 78.3 million euros in its financial year ended April 30, down by 7.3% compared to the year earlier, while adjusted net profit grew by 4.1% to 106.4 million.

Revenue rose by 10.4% to 3.21 billion euros.

EBITDA for the year increased 14.4% to 239.5 million euros as the EBITDA margin widened to 7.5% from 7.2%. Adjusted EBIT rose 14.9% to 192.7 million euros, with the accompanying margin increasing to 6.0& from 5.8%.

For the financial year now underway, Sesa anticipates growth in adjusted net profit of 2.5-7.5% and an increase in revenue of 5-10%. It intends to invest about 100 million euros over the course of the year.

AAA-Hob

(RADIOCOR) 18-07-24 12:59:05 (0345) 5 NNNN

 


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