Brief: Akwel 2020 Turnover Down At 937.2 Million Euros

Akwel SA

11/02/2021 17:46

Feb 11 (Reuters) - Akwel SA  AKW.PA :
    * AKWEL: 2020 TURNOVER REACHES €937.2 MILLION
    * CURRENT OPERATING INCOME FOR 2020 EXPECTED TO EXCEED EUR
100M
    * AKWEL FORECASTS FREE CASH FLOW IN EXCESS OF €100M OVER THE
YEAR
    * AKWEL FINISHED 2020 WITH A SOLID FINANCIAL SITUATION AND
BOLSTERED MARKET SHARE
    * GROUP REMAINS CAUTIOUS ABOUT ITS OUTLOOK FOR 2021
    * AT END OF DECEMBER 2020, HAD NET CASH FLOW OF NEARLY EUR
70M,
EXCLUDING LEASE DEBTS, WITH FINANCIAL DEBT REDUCED BY EUR 94.2M
OVER YEAR

Source text for Eikon:  ID:nGNE9FyymF 
Further company coverage:  AKW.PA 

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