Finance
07/28/22
2022 half-year results
- H1 22 revenues of €1,057m, up +9% vs. H1 21 and +6% like for like
- Q2 22 order intake on equipment of €791m vs. €858m in Q2 21
- Orderbook on equipment at the end of Q2 22 of €3,554m vs. €1,788m in Q2 21
- H1 recurring operating income at €45.8m (4.3%) vs. €85.0m (8.8%) in H1 21
- Net income at €29,3m vs. €64.2m in H1 21
- EBITDA** €68.2m (6.5%) vs. €109.6m (11.3%) in H1 21
- Net debt*** €172m, gearing*** 22%
- Maintaining the expectation that revenues for 2022 will increase by more than 20% compared with 2021
- Maintaining the suspension of operating margin guidance in the lack of visibility
Thanks to a strong acceleration of our production and deliveries in the second quarter, the group closed the half-year with a 9% growth in revenues compared to June 2021. Our supply chain continues to be disrupted by capacity, availability and shipping problems, which continues to encourage our customers to secure their future supplies by taking orders at a consistently high level, which is reflected in our order book. The teams are very committed to adapting to these operational and inflationary constraints while remaining fully mobilized on our major challenges of energy, industrial, digital and service transformation.
Michel Denis, President & CEO