trending Market Intelligence /marketintelligence/en/news-insights/trending/t8k1Cpxm_G5qZbAnbc4lLg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Elgeka SA swings to profit in Q1

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021


Elgeka SA swings to profit in Q1

Elgeka SA said its first-quarter normalized net income was €242,630, compared with a loss of €51,630 in the year-earlier period.

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

The normalized profit margin climbed to 0.4% from negative 0.1% in the year-earlier period.

Total revenue decreased 17.9% year over year to €57.0 million from €69.5 million, and total operating expenses decreased 18.3% year over year to €55.1 million from €67.5 million.

Reported net income rose from the prior-year period to €406,000, or 1 cents per share, from €102,000, or 0 cents per share.