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City Service SE Earnings Release 2023
5564_rns_2023-05-31_da23e2e7-0195-4a1b-b7a6-1635a476d90c.pdf
Earnings Release
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City Service unaudited consolidated results for the first quarter of 2023
City Service announces its unaudited Consolidated Interim Financial Statements for the first quarter of 2023, prepared according to International Financial Reporting Standards.
Consolidated revenue of City Service for the first quarter of 2023 was EUR 28.6 million, a decrease by 13.3% over EUR 33.0 million for the first quarter of 2022.
Net profit for the period amounted to EUR 0.5 million, a 183.3% increase over EUR 0.6 million net loss from a year ago. EBITDA for the first quarter of 2023 was EUR 2.3 million, a 155.6% increase over EUR 0.9 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 |
| st quarter 2022 1 |
33.0 | 0.9 | 0.0 | -0.6 |
| st quarter* 2023 1 |
28.6 | 2.3 | 1.3 | 0.5 |
* Group consolidated results for 2022 and 2023 1st quarter comprise total consolidated Group, including discontinued operations.
Artūras Gudelis Chairman of the Management Board +370 5 2394900