AKWEL posts net earnings of €1.9M in the first half of 2022
In a context affected by significant prices inflation, gross operating surplus was down 34.6% to €42.3 m, and current operating income fell by 64.6% to €17.7 m, i.e. a current operating margin of 3.6% of turnover, down by 6.7 points. Financial income fell by €9.4 m as a result of the application of the IAS 29 standard mentioned above. Tax charges accounted for €5.1 m compared to €12.2 m in the first half of 2021, leading to a net income Group share of €1.9 m (net margin of 0.4%).