LBTSF - Almirall S.A. reports FY results; initiates FY23 guidance
- Almirall, S.A. press release ( OTCPK:LBTSF ): FY Revenue of €863.2M (+4.4% Y/Y).
- Total EBITDA reached €198.3M, a 15.8% Y/Y decrease.
- Almirall closed 2022 with a healthy balance sheet and solid liquidity position at 0.8x Net Debt to EBITDA.
- Core Gross Margin of 66.4%, as expected, was impacted by higher energy costs and inflation affecting purchase costs of certain materials.
- 2023 Full Year Guidance: Core Net Sales: low to mid-single-digit growth vs. previous year (€863M); Total EBITDA: between €165M and €180M.
For further details see:
Almirall, S.A. reports FY results; initiates FY23 guidance