Exel Composites’ Financial Statements Release Q1–Q4 2022: Stable revenue and higher profitability in 2022 compared to 2021
EXEL COMPOSITES PLC FINANCIAL STATEMENTS RELEASE 17 February 2023 at 09:00 EETQ4 2022 in brief · Order intake decreased by 15.9% to EUR 25.6 million (Q4 2021: 30.5) · Revenue decreased by 15.1% to EUR 31.0 million (36.5) · Adjusted operating profit stable year-on-year at EUR 0.9 million (1.0), which is 3.0% of revenue (2.8%) · Operating profit decreased to EUR -1.7 million (0.6), which is -5.5% of revenue (1.8%) · Earnings per share amounted to EUR -0.32 (0.04) Q1-Q4 2022 in brief · Order intake decreased by 11.3% to EUR 124.7 million (Q1-Q4 2021: 140.6) ·