Brief: B&S Group FY Net Profit Down At 60.3 Million Euros

B&S SA

24/02/2020 06:33

Feb 24 (Reuters) - B&S Group SA  BSGR.AS :
    * SAYS FY EBITDA AMOUNTED TO EUR 104.6 M PRE IFRS 16 OR EUR
114.6
M POST IFRS 16 (FY 2018: EUR 109.0 M),
    * END-FY NET CASH FROM OPERATIONS AMOUNTED TO EUR 114.7 M
(FY
2018: EUR 3.5 M), BACK IN LINE WITH YEARS PRIOR TO 2018
    * SAYS FY PROFIT BEFORE TAX OF EUR 77.5 M (FY 2018: EUR 90.8
M)
    * FY NET PROFIT AMOUNTED TO EUR 60.3 M (FY 2018: EUR 71.4 M)
    * B&S GROUP SA SAYS FY EARNINGS PER SHARE (EPS) OF EUR 0.56
(FY
2018: EUR 0.72)
    * PROPOSED CASH DIVIDEND € 0.09, SUBJECT TO SHAREHOLDER
APPROVAL,
BRINGING TOTAL DIVIDEND FOR 2019 TO € 0.22
    * B&S GROUP SA SAYS FY NET DEBT / EBITDA STOOD AT 2.8 PRE
IFRS 16
OR AT 3.2 POST IFRS 16
    * WE ARE CONFIDENT THAT OUR POSITIONS IN UNIQUE MARKET AND
CHANNELS THAT WE SERVE TOGETHER WITH OUR STRATEGIC INITIATIVES
FOR 2020-2022, POSITION US FOR FURTHER PROFITABLE GROWTH MOVING
FORWARD -CEO

Source text : https://bit.ly/3c4jy0z
Further company coverage:  BSGR.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))