trending Market Intelligence /marketintelligence/en/news-insights/trending/orjkBgVc2hsLIf9sbJp7iA2 content esgSubNav
In This List

Sabaf Q1 profit falls YOY

Blog

Broadcast deal market recap, Q2'22

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Blog

Japan M&A By the Numbers: Q1 2022


Sabaf Q1 profit falls YOY

Sabaf SpA said its normalized net income for the first quarter amounted to €1.5 million, a decline of 49.9% from €2.9 million in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to 4.7% from 7.8% in the year-earlier period.

Total revenue decreased 17.7% year over year to €30.9 million from €37.5 million, and total operating expenses declined 13.4% from the prior-year period to €28.4 million from €32.8 million.

Reported net income came to €1.6 million, compared with €3.1 million in the prior-year period.