Brief: Chargeurs FY Operating Performance Increases to 49.0 Million Euros

Compagnie Chargeurs Invest SA

12/03/2019 06:26

March 12 (Reuters) - CHARGEURS SA  CRIP.PA :
    * CONSOLIDATED ANNUAL REVENUE OF €573.3 MILLION, UP 7.6%
YEAR-ON-YEAR,
    * RECOMMENDED 2018 DIVIDEND OF €0.67 PER SHARE, UP 12%
    * 2019 GUIDANCE : FURTHER GROWTH IN REVENUE AND RECURRING
OPERATING PROFIT AND SOLID CASH GENERATION
    * VERY SHARP INCREASE IN FY OPERATING PERFORMANCE, WITH
DOUBLE-DIGIT GROWTH IN ROP , UP 10.4% TO €49.0 MILLION
    * 2019 GUIDANCE : CONTINUED EXECUTION OF THE ICONIC
CHAMPIONS
STRATEGY
    * GROUPE FAMILIAL FRIBOURG RAISES ITS INTEREST IN AND
ACQUIRES
CONTROL OF COLOMBUS HOLDING, CHARGEURS’ REFERENCE SHAREHOLDER
    * FY EBITDA EUR 59.8 MILLION VERSUS EUR 54.6 MILLION YEAR
AGO
    * GROUP PURSUING ITS STRATEGIC OBJECTIVE OF EXCEEDING €1
BILLION
IN PROFITABLE REVENUE BY THE END OF 2021.
    * FY ATTRIBUTABLE NET PROFIT EUR 26.6 MILLION VERSUS EUR
25.2
MILLION YEAR AGO
    * AT DEC 31, 2018 THE GROUP WAS IN  NET DEBT POSITION OF
€92.2
MILLION COMPARED WITH AN €8.9 MILLION NET CASH POSITION AT DEC
31, 2017
    * WE ARE STANDING BY OUR TARGET OF TOPPING €1 BILLION IN
REVENUE
BY END-2021, ONE YEAR AHEAD OF SCHEDULE, BARRING ANY CHANGES IN
THE MACRO-ECONOMIC ENVIRONMENT -CEO
    * BY END-2021: TARGET TO TOP THE €1BN PROFITABLE REVENUE
MARK
CONFIRMED

Source text: https://bit.ly/2J7JjTf 
Further company coverage:  CRIP.PA 

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