Brief: AST Groupe FY Net Profit Down At EUR 85,000

AST Groupe SA

29/03/2022 08:33

March 29 (Reuters) - AST Groupe SA  ALAST.PA :
    * OUTLOOK FOR 2025 MAINTAINED
    * REAFFIRMS ITS INTENTION TO REACH €300 MILLION IN TURNOVER
WITH
AN OPERATING PROFITABILITY OF OVER 8% BY 2025
    * CLOSES THE YEAR 2021 WITH A TURNOVER OF EUR 159.8 MILLION
VERSUS
EUR 175.8 MILLION LAST YEAR (- 9%)
    * THE BOARD OF DIRECTORS HAS DECIDED TO PROPOSE THE PAYMENT
OF A
DIVIDEND OF € 0.10 PER SHARE
    * FY EBITDA AMOUNTED TO EUR 4.7 MILLION
    * AST GROUP MAINTAINS A SOLID FINANCIAL STRUCTURE WITH CASH
AVAILABLE AT THE END OF DECEMBER OF EUR 37.7 MILLION
    * NET DEBT STANDS AT - EUR 11 MILLION
    * THE GROUP'S COMMERCIAL PERFORMANCE IN 2021 WILL ENABLE IT
TO
REACH ITS HIGHEST EVER LEVEL OF ORDER INTAKE WITH 2,518 UNITS,
UP 22% COMPARED TO 2020
    * FY NET PROFIT EUR 85,000 VERSUS EUR 5.4 MILLION YEAR AGO

Source text for Eikon:  ID:nACT73729 
Further company coverage:  ALAST.PA 

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