Brief: Befesa Q1 Net Profit At EUR 24.8 Million, Up 68.7%

Befesa SA

27/04/2021 06:32

April 27 (Reuters) - Befesa SA  BFSA.DE :
    * BEFESA DELIVERS BEST QUARTER IN HISTORY AND ANNOUNCES
STRONG FY
2021 OUTLOOK
    * Q1 2021 EBITDA OF EUR 48.8M, UP 46% FROM Q1 2020 AT EUR
33.6M,
DELIVERING STRONGEST QUARTER IN COMPANY'S HISTORY
    * DIVIDEND DISTRIBUTION OF EUR 40M (EUR 1.17 PER SHARE)
PROPOSED
FOR 2021, EQUAL TO 84% OF 2020 NET PROFIT
    * OUTLOOK: FY 2021 EBITDA EXPECTED TO BE BETWEEN EUR 165M
AND EUR
190M, EQUAL TO 30 TO 50% YOY GROWTH
    * OUTLOOK: FY 2021 EBITDA EXPECTED TO BE BETWEEN EUR 165M
AND EUR
190M, EQUAL TO 30 TO 50% YOY GROWTH
    * Q1 NET PROFIT 24.8 MILLION EUR, +68.7%

Source text for Eikon:  ID:nEQ1z3YpDa 
Further company coverage:  BFSA.DE 

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