Earnings release
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PRESS RELEASE PRISMAFLEX® INTERNATIONAL LED BILLBOARDS STREET FURNITURE AND OOH POINT OF SALES & PRINT 2021-2022 half - year results : Lyon , December 13 , 2021 Upturn in activity and return to profits 2021-2022 six - month period analysis Activity up 26 % driven by a strong upturn in Printing activity ( + 51 % for the period ) , despite the on - going health crisis , notably in Q1 . EBITDA positive at € 1.6 million ( + 128 % ) following careful cost management and an improved fixed cost absorption . Current operating profit positive at € 0.4 million ( - € 0.4 million proforma in S1 2020-2021 ) . Order backlog on September 30 , 2021 at € 14.7 million ( + € 6.6 million on September 30 , 2020 ) . ➡ Gearing ( before IFRS 16 ) has improved to 92 % on September 30 , 2021 . Six - month results ( 01/04/2021 - 30/09/2021 ) The 2021-2022 six - month consolidated accounts - subject to a limited review by the auditors - were approved by the Prismaflex International Board on December 7 , 2021 . In ЄM 30.09.21 6 months 30.09.20 6 months proforma² Var ( ЄM ) 30.09.20 6 months published¹ | ( audit in progress ) Total sales 23.14 18.36 +4.78 18.91 Current EBITDA³ 1.56 0.71 +0.91 0.30 Current operating profit 0.44 -0.43 +0.87 -1.11 Operating profit 0.50 -0.43 +0.93 -1.11 Financial result excl . foreign -0.12 -0.12 -0.13 exchange Foreign exchange gains & losses / -0.01 -0.15 -0.15 Other Pre - tax current profit 0.37 -0.70 +1.08 -1.39 Income taxes -0.14 0.00 0.02 Share of earnings from equity -0.06 -0.19 affiliates Net result 0.18 -0.89 +1.07 -1.36 Net consolidated result - 0.10 -0.90 +1.00 -1.01 Group Cash - flow 1.69 0.61 +1.08 0.13 1 Anthem Displays fully consolidated 2 Anthem Displays integrated by the equity method over six months as in 2021-2022 3 Current operating profit + net depreciation expenses and provisions + other net calculated charges and products Prismaflex International turned in a positive first semester 2021-2022 , with a strong upturn in activity and a return to positive growth . This good performance is in line with the Group's objectives and proof of the resilience of the business model . Prismaflex International total sales for the six - month period stand at € 23.2 million , up + 26.1 % on S1 2020-2021 and + 3.5 % on S1 2019-2020 on a like - for - like basis . This performance was driven by the Group's Printing activity that recorded total sales for the period of € 16.8 million , up + 51 % on S1 2020-2021 , in a seemingly more normal context . Activity is almost 1/3