Catering International Services : 20/04/2023 - 2023 first-quarter revenue
April 20, 2023 at 06:05 pm
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PRESS RELEASE
Marseille, 20 April 2023 - 5:45 p.m.
2023 first-quarter revenue
Stable revenue: €75.1m
Revenue (1)
Data on a reported basis
Data at CC (2)
(€m)
2023
2022
Change
2023
Change
Q1
75.1
75.9
-1.1%
69.1
-9.0%
Revenue not audited by the Statutory Auditors
CC: constant currency
Activity in the first quarter of 2023
Revenue for the first quarter of 2023 came to €75.1 million, compared with €75.9 million for the same period in 2022.
Business performance was mainly driven by Eurasia and Africa.
2023 outlook
CIS intends to carry this strong business momentum forward in 2023 by developing its activities and moving into new countries.
In the current context of the global energy transition, CIS remains determined to seize new opportunities in the energy and mining sectors.
Furthermore, as part of its Group CSR policy, CIS is developing solutions that help to limit the carbon footprint for its businesses and for its customers.
Lastly, CIS is pursuing its acquisition strategy for its core business and in high value-added cleaning activities.
Revenue by region
Sub-Saharan Africa &
Sub-Saharan Africa &
ME*
ME*
North Africa
30%
North Africa
30%
19%
22%
T1 2022
T1 2023
Eurasia
37%
Americas
Eurasia
41%
Americas
7%
* Middle East
14%
1
PRESS RELEASE
About CIS
CIS was created in 1992 by its Chairman, Régis Arnoux. CIS Group has been supporting major players in the energy, mining, construction and armed forces sectors, at every stage of their projects, in the most remote offshore and onshore environments. As a provider of integrated services, CIS has a full range of services and turnkey solutions designed to assure the well-being and safety of the residents of our remote sites so that our customers can concentrate on their own core businesses.
Present in 20 countries with nearly 250 operating sites and a worldwide staff today numbering nearly 12,000, CIS has a strong commitment to contributing to the economic and social development of the local populations and countries where it operates.
Next press release: 02/08/2023, after the close of trading: H1 2023 revenue
Euronext Growth Paris: ISIN FR0000064446
Reuters: ALCIS.PA - Bloomberg: ALCIS:FP
www.cis-integratedservices.com
Contacts
CIS: Communications Department - +33 (0)4 91 16 53 00
communication@cis-integratedservices.com
ACTIFIN: Financial Communication - +33(0)1 56 88 11 13
jybarbara@actifin.fr
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Disclaimer
CIS - Catering International & Services SA published this content on 20 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2023 17:04:08 UTC.
Catering International Services (CIS) specializes in food services, accommodation and logistics in hostile environments. The group prepares and distributes meals, houses its personnel and maintains its equipment, supplies sites with food products, and handles the transportation and storage of the goods.
CIS also offers engineering, technical maintenance, security, medical assistance, and gardening services, etc.
Net sales are distributed geographically as follows: Africa and Middle East (52.9%), Eurasia (39.7%), and Americas (7.4%).