Exel Composites' Business Review Q1-Q3 2022: Revenue EUR 28.8 million and adjusted operating profit EUR 0.0 million
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 2 MAY 2023 at 09:00 EETQ1 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 0.0% (6.4%) · Earnings per share amounted to EUR -0.18 (0.00) Updated guidance for the full year 2023 Considering the current market environment Exel Composites has adjusted