Brief: Baikowski FY Operating Income Down At 3.3 Million Euros

Baikowski SA

20/04/2020 08:40

April 20 (Reuters) - BAIKOWSKI SASU  ALBKK.PA :
    * 2019 FISCAL YEAR
    * BAIKOWSKI GROUP'S CONSOLIDATED REVENUE FOR 2019 AMOUNTS TO
EUR
40.5 MILLION, A FALL OF 4.2% OVER 2018 WHICH IS NOT AN ENTIRELY
COMPARABLE YEAR
    * THANKS TO ITS SOLID FUNDAMENTALS AND STRENGTH OF ITS
STRATEGY OF
INNOVATION IN LONG-TERM AND PROMISING MARKETS, GROUP REMAINS
CONFIDENT IN ITS BUSINESS PLAN
    * FY OPERATING INCOME EUR 3.3 MILLION VERSUS EUR 6.3 MILLION
YEAR
AGO
    * CONSOLIDATED EQUITY AMOUNTS TO EUR 33.3 MILLION, COMPARED
TO NET
DEBT OF EUR 19.0 MILLION, WHENCE GEARING (NET DEBT/EQUITY) OF
57% AT END OF 2019
    * AT ANNUAL GENERAL MEETING BOARD OF DIRECTORS WILL PROPOSE
NOT
DISTRIBUTING ANY DIVIDEND IN RESPECT OF 2019
    * FY GROUP SHARE OF NET INCOME AMOUNTED TO €2.6 MILLION OR
6.4% OF
CONSOLIDATED REVENUE

Source text for Eikon:  ID:nBw7LXNDba 
Further company coverage:  ALBKK.PA 

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