Brief: Jacques Bogart FY Recurring Operating Income Up At EUR 5.3 Mln

Bogart SA

25/04/2022 17:13

April 25 (Reuters) - Jacques Bogart SA  JBOG.PA :
    * 2021 RESULTS
    * RECURRING OPERATING INCOME TOTALLED EUR 5.3 MILLION IN
2021,
COMPARED WITH EUR 3.9 MILLION IN 2020
    * IN VIEW OF EVENTS CURRENTLY TAKING PLACE IN
RUSSIA/UKRAINE,
GROUP NOTES A VERY LOW IMPACT AT GROUP LEVEL, AS THIS REGION
ACCOUNTS FOR JUST 0.6% OF CONSOLIDATED TURNOVER
    * 2022 HAS GOT OFF TO A GOOD START
    * FY EBITDA EUR 38.4 MILLION VERSUS EUR 36.9 MILLION YEAR
AGO
    * ITS ENDURINGLY HIGH LEVEL OF CASH WILL ALLOW BOGART GROUP
TO
STAY ON LOOKOUT FOR OPPORTUNITIES TO FURTHER DEVELOP ITS MARKET
SHARE IN EUROPE IN 2022
    * HAS NO INDUSTRIAL OR COMMERCIAL OPERATIONS IN EITHER
UKRAINE OR
RUSSIA
    * GROSS CASH AND CASH EQUIVALENTS STOOD AT EUR 93.2 MILLION
AT 31
DECEMBER 2021, COMPARED WITH EUR 88.3 MILLION AT 31 DECEMBER
2020
    * END-FY FREE CASH FLOW: EUR 32.0 MILLION
    * NET DEBT WAS NEGATIVE AT EUR 6.2 MILLION AT 31 DECEMBER
2021
    * GROSS BORROWINGS TOTALLED EUR 226.6 MILLION AT 31 DECEMBER
2021
(INCLUDING EUR 87.1 MILLION IN BANK LOANS AND OVERDRAFTS),
COMPARED WITH EUR 192.9 MILLION AT 31 DECEMBER 2020

Source text for Eikon:  ID:nACT74130 
Further company coverage:  JBOG.PA 

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