Brief: Chargeurs FY EBITDA Stable At 60.0 Million Euros

Compagnie Chargeurs Invest SA

05/03/2020 06:43

March 5 (Reuters) - CHARGEURS SA  CRIP.PA :
    * FY NET INCOME GROUP SHARE EUR 15.1 MILLION VERSUS EUR 26.6
MILLION YEAR AGO
    * FY EBITDA EUR 60.0 MILLION VERSUS EUR 59.8 MILLION YEAR
AGO
    * REVENUE OF €750 MILLION EXPECTED IN FULL-YEAR BASIS 2020
AT
CONSTANT ENVIRONMENT
    * REVENUE FOR 2019 CAME IN AT €626.2 MILLION, UP 9.2%
    * CONFIRMS ITS FULL-YEAR REVENUE TARGET OF €1 BILLION TO END
2021
WITH A MARGIN OF NORMATIVE > 10% OF TURNOVER
    * WILL PROPOSE DIVIDEND OF EUR 0.40
    * AS OF TODAY SEES LIMITED IMPACT OF THE GLOBAL HEALTH 
CONTEXT
    * ON CORONAVIRUS: AS OF TODAY, OBSERVES A LIMITED IMPACT ON
ITS
LEVEL OF SALES
    * 2019 OPERATING CASH FLOW AMOUNTED TO EUR 25.5 MILLION, UP
SHARPLY FROM EUR 14.4 MILLION IN 2018
    * ON CORONAVIRUS: THE GROUP NOTES NO SUPPLY DISRUPTION AND
ITS
SUPPLIERS HAVE BEEN IN FULL CAPACITY TO ENSURE THE CONTINUITY OF
SERVICE
    * ON CORONAVIRUS: GROUP’S STOCKS OF FINISHED GOODS DO NOT
PRESENT
ANY RISK OF OBSOLESCENCE OR VALORIZATION LINKED TO COVID-19
    * AT DEC 31, 2019, NET DEBT OF 122.4 MILLION EUROS, COMPARED
TO
NET DEBT OF 92.2 MILLION EUROS AT DEC 31, 2018
    * ORDER BOOK AT THE BEGINNING OF 2020 IS PROMISING,
EXCLUDING THE
LIMITED EFFECT OF COVID-19

Source text: https://bit.ly/2wxUD5i
Further company coverage:  CRIP.PA 

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