Exel Composites’ Half Year Financial Report Q1-Q2 2024: Good improvement in Q2 order intake, revenue and profits − Strengthened financial position after rights issue and new financing agreement
EXEL COMPOSITES PLC HALF YEAR FINANCIAL REPORT 15 AUGUST 2024 at 9:00 EESTQ2 2024 in brief · Order intake increased by 4.0% to EUR 26.4 million (Q2 2023: 25.4) · Revenue increased by 4.7% to EUR 26.6 million (25.4) · Operating profit increased to EUR 1.2 million (-0.2) and operating profit margin to 4.4% (-1.0%) · Adjusted operating profit increased to EUR 1.4 million (0.1) and adjusted operating profit margin to 5.2% (0.3%) · Earnings per share was EUR 0.02 (-0.08) · Gross proceeds of approximately EUR 21.8 million from the successful rights issue