Brief: Akwel SA FY Operating Income Drops To 73.1 Million Euros

Akwel SA

11/04/2019 17:17

April 11 (Reuters) - AKWEL SA  AKW.PA :
    * FY REVENUE EUR 1.06 BILLION VERSUS EUR 1.02 BILLION YEAR AGO
    * 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
    * A DIVIDEND DISTRIBUTION OF EUR 0.30 PER SHARE, IDENTICAL TO THAT OF PREVIOUS FINANCIAL
YEAR,
WILL BE PROPOSED FOR 2018 FINANCIAL YEAR
    * ANTICIPATES FURTHER BUSINESS GROWTH FOR 2019
    * EXPECTS RETURN TO A POSITIVE FREE CASH FLOW IN 2019
    * REAFFIRMS ITS OBJECTIVE OF ACHIEVING TURNOVER OF AROUND EUR 1.2 BILLION BY 2020

Source text for Eikon:  ID:nGNEv98zF 
Further company coverage:  AKW.PA 

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