Brief: Akwel FY Current Operating Profit Down At EUR 77.4 Million
12/04/2019 06:06
April 12 (Reuters) - AKWEL SA AKW.PA :
* AKWEL: CURRENT OPERATING PROFIT OF €77.4M
* FY CONSOLIDATED NET INCOME GROUP SHARE EUR 61.1 MILLION VERSUS EUR 84.8 MILLION YEAR AGO
* FY OPERATING INCOME EUR 73.1 MILLION VERSUS EUR 115.4 MILLION YEAR AGO
* DIVIDEND DISTRIBUTION OF EUR 0.30 PER SHARE, IDENTICAL TO PREVIOUS FINANCIAL YEAR, WILL BE
PROPOSED FOR 2018 FINANCIAL YEAR.
* REAFFIRMS ITS OBJECTIVE OF ACHIEVING TURNOVER OF AROUND EUR 1.2 BILLION BY 2020
* ANTICIPATES FURTHER BUSINESS GROWTH FOR 2019
* GROUP'S END-FY NET FINANCIAL DEBT REMAINS LIMITED TO EUR 40.6M
* FY REVENUE EUR 1.06 BILLION VERSUS EUR 1.02 BILLION YEAR AGO
* ANTICIPATES FURTHER BUSINESS GROWTH FOR 2019, WITH A RETURN TO A POSITIVE FREE CASH FLOW
Source text for Eikon: ID:nGNX9vBn6X
Further company coverage: AKW.PA
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