Correction: Exel Composites' Business Review Q1 2023: Revenue EUR 28.8 million and adjusted operating profit EUR 0.0 million
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 2 May 2023 at 09:25 EETThis is a correction to Exel Composites’ Business Review Q1 2023 published on 2 May at 9:00. The headline in the release had wrong reporting period. The correct period is Q1 2023. Q1 2023 in brief · Order intake decreased by 30.0% to EUR 26.3 million (Q1 2022: 37.6) · Revenue decreased by 15.7% to EUR 28.8 million (34.2) · Operating profit declined to EUR -0.3 million (0.0), operating profit margin -1.0% (0.1%) · Adjusted operating profit declined to EUR 0.0 million (2.2), operating profit margin 0.