Brief: Brunel International FY Net Profit Stands At 15.6 Million Euros

Brunel International NV

12/02/2021 06:56

Feb 12 (Reuters) - Brunel International NV  BRUN.AS :
    * FULL YEAR EBIT EXCEEDS PRIOR YEAR EBIT
    * WE PROPOSE A CASH DIVIDEND OF EUR 0.30 PER SHARE OVER 2020
    * CURRENT TREND WILL CONTINUE IN Q1 2021: YEAR ON YEAR A
LOWER
REVENUE, AT SLIGHTLY HIGHER GROSS MARGINS (%) AND SIGNIFICANTLY
LOWER COST
    * IN Q1 EXPECTS EBIT SIMILAR TO Q1 2020
    * Q4 REVENUE EUR 209.3 MILLION VERSUS EUR 257.1 MILLION YEAR
AGO
    * Q4 EBIT EUR 9.8 MILLION VERSUS LOSS EUR 1.5 MILLION YEAR
AGO
    * CASH BALANCE AT 31 DECEMBER 2020 IS EUR 155 MILLION (2019:
EUR
91.9 MILLION)
    * STRONG CASH POSITION WILL SUPPORT OUR GROWTH IN THE POST
COVID-19 RECOVERY AND OUR M&A STRATEGY, AND ALLOWS US TO RETURN
TO OUR NORMAL DIVIDEND POLICY
    * FY NET PROFIT CAME IN AT EUR 15.6 MILLION OR AN EARNINGS
PER
SHARE OF EUR 0.31

Source text for Eikon:  ID:nNDL3lwQB0 
Further company coverage:  BRUN.AS 

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