Brief: Befesa FY 2021 Adj EBITDA At EUR 197.6 Mln, Up 56% Y/Y

Befesa SA

24/02/2022 06:38

Feb 24 (Reuters) - Befesa SA  BFSA.DE :
    * DGAP-NEWS: BEFESA S.A.: BEFESA DELIVERS ALL-TIME HIGH FY
EBITDA
OF €198M (+56% YOY)
    * FY'21 ADJUSTED. EBITDA AT RECORD EUR 197.6M, +56% OR EUR
71M YOY
(FY'20: EUR 127M; FY'19: EUR 160M)
    * FY NET PROFIT MORE THAN DOUBLED YOY TO EUR 99.7M
    * PROPOSING EUR 50M DIVIDEND FOR 2022 (EUR 1.25 PER SHARE),
AT 50%
OF NET PROFIT AND UP EUR 3M YOY
    * IN 2021, BEFESA EXTENDED ITS HEDGING BOOK UP TO OCTOBER
2024 AND
WILL CONTINUE TO MONITOR MARKET TO LOCK IN FURTHER VOLUME BEYOND
THAT DATE
    * ONCE TREATMENT CHARGES IN ZINC INDUSTRY ARE SETTLED AROUND
MARCH/APRIL 2022, BEFESA WILL PROVIDE ITS EARNINGS GUIDANCE FOR
FY 2022


Further company coverage:  BFSA.DE 

 ((frankfurt.newsroom@thomsonreuters.com;))