trending Market Intelligence /marketintelligence/en/news-insights/trending/Xrb7b8OB66ndtvB3dMhBFg2 content esgSubNav
In This List

Loulis Mills Q1 profit climbs 27.6% YOY

Video

According to Market Intelligence, December 2022

Podcast

Private Markets 360° | Episode 1: The role of ESG in Private Equity

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Investment Research Coverage of Inflation and Recession-Focused Topics on the Rise


Loulis Mills Q1 profit climbs 27.6% YOY

Loulis Mills SA said its first-quarter normalized net income came to 4 euro cents per share, an increase of 27.6% from 3 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €697,650, an increase of 27.6% from €546,690 in the year-earlier period.

The normalized profit margin increased to 2.9% from 2.7% in the year-earlier period.

Total revenue grew 18.1% on an annual basis to €23.7 million from €20.1 million, and total operating expenses climbed 16.5% on an annual basis to €22.7 million from €19.5 million.

Reported net income declined year over year to €671,080, or 4 cents per share, from €693,920, or 4 cents per share.