Campine’s 2022 profits higher than expected
04 Januar 2023 - 10:30AM
Campine’s 2022 profits higher than expected
Regulated information – Inside information -
January 4th 2023 – 10:30
Campine NV, metals recycling
and specialty chemicals company from Beerse, Belgium and listed on
Euronext Brussels expects higher profits for 2022 due to the
successful integration of the new factories acquired from the
Recylex S.A. group in France. Full and final detailed consolidated
financial figures will be published by mid-March 2023.
Campine’s 2022 total
consolidated revenues are
expected to be approximately 315 M€, up 40% from
the 226 M€ in 2021. The increased sales are related to the high
metal prices in 2022 and the consolidation of 6 months of sales
from the 2 new battery breaker plants in France and plastics
recycling company C2P.
The 2022 EBITDA is forecasted
to amount to approximately 27 M€, up roughly 20%
from the22.6 M€ in 2021. The EBITDA is impacted by a positive
non-recurring non-cash effect of 8 M€ resulting from the valuation
of assets and liabilities of the new French plants in accordance
with IFRS 3 and IFRS 13 regulations.
For further information you can contact Karin
Leysen (tel. no +32 14 60 15 49)(email:
Karin.Leysen@campine.com)
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