City Service SE

Earnings Release • Aug 31, 2023

City Service unaudited consolidated results for the six months of 2023

City Service announces its unaudited Consolidated Interim Financial Statements for the six months of 2023, prepared according to International Financial Reporting Standards.

Consolidated revenue of City Service for the six months of 2023 was EUR 48.3 million, an increase by 25.5% over EUR 38.5 million for the six months of 2022.

Net profit for the period amounted to EUR 1.8 million, an increase over EUR (1.3) million net loss from a year ago. EBITDA for the six months of 2023 was EUR 4.5 million, a 66.7% increase over EUR 2.7 million a year ago.

	Sales (million EUR)	EBITDA (million EUR)	EBIT (million EUR)	Net profit (million EUR)
2022	84.4	1.7	(1.0)	(2.6)
nd quarter 2022 2	38.5	2.7	1.3	(1.3)
nd quarter 2023 2	48.3	4.5	3.2	1.8

Group consolidated results comprise only continued operations.

Artūras Gudelis Chairman of the Management Board +370 5 2394900