EQS-News: Befesa S.A.: Befesa delivers €50m EBITDA in Q1, stable versus the previous quarter
Befesa S.A.: Befesa delivers €50m EBITDA in Q1, stable versus the previous quarter
- Befesa S.A.: Befesa delivers €50m EBITDA in Q1, stable versus the previous quarter
The issuer is solely responsible for the content of this announcement. - Adjusted EBITDA in Q1 2023 came in at €50.1m, roughly stable from the preceding quarter (Q4 2022: €50.7m) and down 18% yoy (Q1 2022: €61.1m).
- Zinc TC was set at $274/t for the full year 2023 (2022: $230/t) and retroactively effective from 1 January 2023.
- As a result, Befesa expects the full year 2023 EBITDA at between €200m and €230m, -7% to +7% yoy.