BAIKOWSKI: FIRST HALF REVENUE
July 28 2022 - 1:27PM
Business Wire
A half-year in line with our long-term
vision
Regulatory News:
Baikowski (Paris:ALBKK):
Consolidated figures (€M)
HY1 2022
HY1 2021
Revenue
28.1
21.7
Baikowski®, global specialist in manufacturing ultra-pure
alumina powders and formulations, as well as high-quality oxides
and composites, reports 2022 half-year consolidated revenue of
€28.1M, up by + 29.2% compared with the first half of 2021 (+ 26.8%
at constant scope of consolidation and exchange rates).
Despite an uncertain and volatile economic environment, the
first half of the year was marked by the continuing upward trend in
the electronics market and by the high-power LED headlight market
for the automotive sector remaining at a good level. The successful
integration of Mathym is confirmed, with a dynamic recovery in
sales in the dental market since the beginning of the year.
On the other hand, the traditional lighting market, which has
been in decline for several years, has shown a marked decline since
the beginning of the half-year, with rising energy costs making
these products less and less attractive to the end customer.
The consequences of the Russian-Ukrainian crisis, which seems to
be a long-term issue, and the policies of central banks to contain
global inflation have worsened the economic outlook for the second
half of the year, without jeopardizing the underlying trend in our
main markets. Thus, Baikowski confirms its dynamic growth
trajectory and looks forward to fiscal year 2022 with
confidence.
Next important date: September 28, 2022 - 2022
Half-year results
Find all the company’s information on:
www.baikowski.com - finance@baikowski.com Euronext : ALBKK - ISIN :
FR0013384369
About Baikowski® : Baikowski® has existed for a hundred
years and is a leading manufacturer of specialist industrial
minerals and, more particularly, of ultra-pure alumina powders and
formulations, as well as of other high-quality oxides and
composites such as spinel, ZTA, YAG and cerium for technical
ceramic applications, precision polishing, crystals and additives
or coverings. The quality of Baikowski®’s products is appreciated
by a variety of high-tech markets including the lighting,
watchmaking, mobile phone, microelectronic, automotive, defense and
medical industries.
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version on businesswire.com: https://www.businesswire.com/news/home/20220728005917/en/
Financial communication J. Gacoin / V. Boivin +33 (0)1 75
77 54 65 finance@baikowski.com
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