Brief: Actia Group Plans To Dispose Of Non-Strategic Activities, Confirms 4-Year Growth Objective

Actia SA

17/01/2022 07:36

Jan 17 (Reuters) - Actia Group SA  MRSP.PA :
    * ANNOUNCED ON FRIDAY PLANS TO DISPOSE OF NON-STRATEGIC
ACTIVITIES, STRENGTHENING OF THE FINANCIAL SITUATION,
CONFIRMATION OF THE 4-YEAR GROWTH OBJECTIVE
    * AT THE END OF 2021, ACTIA GROUP CONFIRMS THE GROWTH OF ITS
ACTIVITY LEVEL WITH A TURNOVER CLOSE TO EUR 460 MILLION VERSUS
EUR 438.5 MILLION IN 2020, IN SPITE OF MAJOR DIFFICULTIES IN THE
SUPPLY OF COMPONENTS
    * FOR 2022, ACTIA GROUP STILL HAS A LARGE ORDER BOOK,
ALLOWING IT
TO CONTINUE ITS GROWTH DYNAMIC, ALTHOUGH IT IS STILL HELD BACK
BY THE TENSIONS IN THE COMPONENTS MARKET
    * THE PLANNED DISPOSALS WILL ALSO ENABLE THE GROUP TO
CONCENTRATE
ITS INVESTMENTS ON ITS HIGHER VALUE-ADDED TECHNOLOGICAL
ACTIVITIES,
    * BOLSTERED BY THE CONTINUED GROWTH OF ITS ORDER BOOK,
MAKING IT
POSSIBLE TO TARGET, WITHIN 4 YEARS, A TURNOVER OF MORE THAN €
800 MILLION, ACTIA GROUP PLANS TO SELL ACTIVITIES THAT ARE NOT
ESSENTIAL TO ACHIEVE THIS OBJECTIVE

Source text for Eikon:  ID:nBw2jdg5va 
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