trending Market Intelligence /marketintelligence/en/news-insights/trending/tFiYzJfplIOi_Bg5z328nA2 content esgSubNav
In This List

Pegas Nonwovens Q1 profit climbs YOY


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15


Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market


Technology & Automation Insights: Elevating KYC and onboarding efficiency

Pegas Nonwovens Q1 profit climbs YOY

Pegas Nonwovens a.s. said its first-quarter normalized net income was €1.03 per share, compared with the S&P Capital IQ consensus estimate of €1.21 per share.

EPS climbed year over year from 41 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €9.6 million, an increase from €3.8 million in the year-earlier period.

The normalized profit margin increased to 15.9% from 6.5% in the year-earlier period.

Total revenue increased year over year to €60.6 million from €58.8 million, and total operating expenses rose year over year to €51.9 million from €50.2 million.

Reported net income grew on an annual basis to €14.4 million, or €1.54 per share, from €5.5 million, or 60 cents per share.