Exel Composites' Business Review Q1 2024: Order intake EUR 28.6 million, revenue EUR 23.4 million and adjusted operating profit EUR -0.6 million
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 25 APRIL 2024 at 9:00 EESTQ1 2024 in brief · Order intake increased by 8.7% to EUR 28.6 million (Q1 2023: 26.3) · Revenue decreased by 18.9% to EUR 23.4 million (28.8) · Operating profit declined to EUR -0.6 million (-0.3), operating profit margin -2.4% (-1.0%) · Adjusted operating profit declined to EUR -0.6 million (0.0), operating profit margin -2.4% (0.0%) · Earnings per share amounted to EUR -0.05 (-0.18) Guidance for the full year 2024 Exel Composites expects revenue to increase and adjusted operating profit