Brief: Jacques Bogart FY Turnover At 222.9 Million Euros

Bogart SA

12/02/2021 17:09

Feb 12 (Reuters) - JACQUES BOGART SA  JBOG.PA :
    * 2020 TURNOVER: €222.9 MILLION
    * BUSINESS MODEL LIMITS IMPACT OF CRISIS ON EARNINGS
    * FINANCIAL SITUATION CONTINUES TO IMPROVE
    * INTERNATIONAL MARKETS ARE SHOWING PROMISING SIGNS OF
RECOVERY,
THEREBY STRENGTHENING GROUP’S RESOLVE TO LAUNCH FURTHER
DEVELOPMENT PHASE IN 2021
    * AT TIME OF PUBLICATION, FRAGRANCE BOUTIQUES ARE STILL
CLOSED IN
ISRAEL AND GERMANY
    * TARGETS POSITIVE EBITDA FOR 2020, CONTINUED DELEVERAGING
AND
IMPROVING GROUP’S NET ASSET POSITION
    * THESE EFFORTS WILL ALLOW US TO CAPITALIZE ON MARKET
RECOVERY
EXPECTED IN 2021, GROW OUR MARKET SHARE AND PURSUE OUR TARGETED
ACQUISITION POLICY-CEO

Source text for Eikon:  ID:nNDL2jBRHJ 
Further company coverage:  JBOG.PA 

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