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SECO: PRE-CLOSING Q3 2022 RESULTS

PRE-CLOSING Q3 2022 RESULTS

 

 

Our CEO Massimo Mauri, commented: “In a market scenario still impacted by the components’ shortage, this result confirms that our edge-to-AI offering and our business model allow us to catch the significant growth opportunities we have ahead of us: I am very pleased with the work that, quarter by quarter, we are putting together to hit the ambitious growth targets we set for ourselves, and very enthusiastic on our future perspectives thanks to a continuously growing pipeline of new opportunities”.

 

 

  • Net sales at €51M (+103% vs. Q3 2021)
  • Organic growth at 42% vs. Q3 2021
  • Like-for-like [1] growth at 33% vs. Q3 2021
  • CLEA business contributing for €5M to the consolidated Net sales
  • In September 2022, new orders for over €21M
  • FY 2022 net sales guidance (€200M) confirmed

 

 

 

Download the full pdf

 

[1] On a like-for-like basis, considering the results of the Garz & Fricke Group (now SECO Northern Europe) from January 1, 2021

 

 

 

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