Brief: Bigben Interactive FY EBITDA Up At 52.5 Million Euros

Bigben Interactive SA

25/05/2020 17:12

May 25 (Reuters) - Bigben Interactive SA  BGBN.PA :
    * FY CURRENT OPERATING INCOME: 23.7 M€ (+9.0%)
    * FY NET RESULT EUR 16.2 MILLION VERSUS EUR 17.3 MILLION
YEAR AGO
    * NEW « BIGBEN 2023 » PLAN: 2022/23 SALES: 350 M€; 2022/23
CURRENT
OPERATING INCOME RATE: 13%
    * HAS DECIDED TO POSTPONE THE ANNOUNCEMENT OF ITS 2020/21
FINANCIAL TARGETS UNTIL NEXT AUTUMN
    * AFTER DEDUCTING A 74.7 M€ FINANCIAL DEBT AND EXCLUDING
RENTAL
LIABILITIES RELATED TO IFRS 16, NET CASH WAS POSITIVE AT 43.4 M€
    * BOARD OF DIRECTORS DECIDED, AT ITS MEETING OF MAY 25,
2020, NOT
TO SUBMIT THE DISTRIBUTION OF A DIVIDEND FOR THE 2019/2020
FISCAL YEAR TO THE VOTE OF THE NEXT SHAREHOLDERS' MEETING
    * FY EBITDA TOTALED 52.5 M€, UP BY NEARLY 7.6 M€,
REPRESENTING A
RATIO OF 19.9% OF SALES FOR THE YEAR
    * AS AT MARCH 31, 2020, GROUP'S SHARE OF SHAREHOLDERS' FUNDS
AT
282.4 M€ VERSUS 164.3 M€ AS AT MARCH 31, 2019
    * IS CONFIDENT IN ITS ABILITY TO LAUNCH THE GAMES SCHEDULED
IN ITS
LINE-UP

Source text for Eikon:  ID:nNDL7fkgGq 
Further company coverage:  BGBN.PA 

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