Brief: Cegedim FY EBITDA Down At 76.8 Million Euros

Cegedim SA

27/03/2019 17:49

March 27 (Reuters) - CEGEDIM SA  CGDM.PA :
    * CEGEDIM: DEBT REDUCTION AND REVENUE GROWTH IN 2018
    * FY EBITDA EUR 76.8 MILLION VERSUS EUR 77.5 MILLION YEAR
AGO
    * FY REVENUE EUR 467.7 MILLION VERSUS EUR 457.4 MILLION YEAR
AGO
    * FY NET PROFIT ATTRIBUTABLE TO OWNERS OF PARENT EUR 5.8
MILLION
VERSUS EUR 11.1 MILLION YEAR AGO
    * THE GROUP HAS SET A TARGET OF AROUND 5% GROWTH IN BOTH
LIKE-FOR-LIKE REVENUES AND EBITDA
    * IN 2019, THE GROUP DOES NOT EXPECT ANY SIGNIFICANT
ACQUISITIONS
AND IS NOT ISSUING ANY EARNINGS ESTIMATES OR FORECASTS
    * IN 2018 NET DEBT CUT BY EUR 128.2 MILLION
    * OPERATING FREE CASH FLOW WAS A POSITIVE €64.8 MILLION FOR
FINANCIAL YEAR 2018 COMPARED WITH A POSITIVE €13.4 MILLION IN
2017
    * 2019 TARGET: 5% REVENUE AND EBITDA GROWTH

Source text for Eikon:  ID:nGNX29R2XL 
Further company coverage:  CGDM.PA 

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