Half Year Results 2022
Revenue growth 45.7%
Group share net profit of € 519k
|EBITDA||– 57||– 450|
|Operating income||– 485||– 973|
|Bottom line||– 759||16|
|exceptional result||1,394||– 20|
|Share of income from capital management companies||– 4||220|
|Net profit attributable to the Group||519||– 548|
* Consolidated financial statements as at 30 June 2022 (like-for-like – 2021 restated for assets sold and discontinued)
The turnover of the HF Company Group amounted to € 3,153 thousand, compared to € 2,164 thousand in 2021, with an increase of 45.7%.
LAN revenues increased by 108%, with the launch of the GRDF contract for the testing and certification of gas meters.
LAN certification activities on fiber optic modems and PLC-G3s also grew by 64% and 46%, respectively.
LEA Networks also continues to grow, particularly in the North American market, with the supply of lightning protection products, as well as filtering and power products for accessing the fiber network. These network power solutions are also in high demand in Europe.
EBITDA tends towards equilibrium at – € 57k, compared to – € 973k in 1uh semester 2021.
The operating result amounts to – € 485k.
The financial result amounts to -759 k €; the valuation to date of the equity investments is affected by an unfavorable financial situation.
The net profit of the Group share is positive for 519 thousand euros, benefiting from an exceptional profit of 1,394 thousand euros linked to the sale of the Vector real estate complex held by the company HF.
A solid balance sheet
At 30 June 2022, the financial statements of the HF Company Group show a net liquidity of 24 million euros, or 72% of the balance sheet total. Shareholders’ equity amounts to € 28.7 million.
The HF Company Group expects continued growth and recovery of the Broadband division in the second half of the year.
2022 Annual Results April 28, 2023
|Tel: 02 47 34 38 38|
ISIN: FR0000038531 ALHF – Reuters: HFCO.LN Bloomberg: HFCO NM
HF company information : HF Company is an integrator of technological solutions and services in the digital world and networks. . HF Company is listed on Euronext Growth, labeled as an innovative company by Bpifrance (n ° 3723929/1) and eligible for PEA PME according to the criteria defined by the decree of 4 March 2014.