The Board of Directors of Kevlar S.p.A. has today approved the unaudited consolidated results for the quarter ended September 30, 2023.
The unaudited financial information presented in this announcement has been derived from the accounting records of Kedrion for the period from January 1, 2023 to September 30, 2023, which are maintained in accordance with IFRS, and from the accounting records of Kedrion for the period from January 1, 2022 to September 30, 2022, which are maintained in accordance with IFRS and UK IFRS, respectively.
These preliminary unaudited financial results are subject to change when we finalize the preparation and audit of our accounts for the fiscal year ending December 31, 2023.
HIGHLIGHTS
Revenue increased by €226.7 million, or 29.8%, to €986.9 million for the nine months ended September 30, 2023, from €760.2 million for the nine months ended September 30, 2022. This strong performance was mainly driven by the increase in the sale of plasma and Plasma-Derived products.
Reported EBITDA increased by €79.3 million, or 199.2%, to €119.2 million for the nine months ended September 30, 2023, from €39.8 million for the nine months ended September 30, 2022.
Management Adjusted EBITDA increased by €47.5 million, or 44.6%, to €154.2 million for the nine months ended September 30, 2023, from €106.6 million for the nine months ended September 30, 2022
Please click on the links below for additional information on the preliminary unaudited financial results for the quarter ended September 30, 2023 of Kedrion.
KEDRION CONSOLIDATED FINANCIAL STATEMENTS 3Q 2023
Our 3Q23 Earnings Results Call will take place on Monday, December 4, 2023, at 4.30 p.m. CEST.
On the same day, earnings results presentation will be uploaded on NetRoadshow platform.
To access the presentation please register to the link listed below.
Date:
Monday, December 4, 2023
Time:
4.30 p.m. CEST
3.30 p.m. BST
10.30 a.m. EDT
Pre-Registration & Online Streaming:
To pre-register for this call, please go to the following link:
https://www.netroadshow.com/events/login?show=f8931c4b&confId=58469
You will receive your access details via email.
The same link can be used to access both to the presentation and the recording after the call.
Accessing the online replay:
The audio replay of our 3Q Q23 Earnings Results Call will be available from Monday, September 4, 2023, 7 p.m. CEST on NetRoadshow platform (https://www.netroadshow.com/events/login?show=f8931c4b&confId=58469)
