Brief: Chargeurs Raises 2020 Targets

Compagnie Chargeurs Invest SA

10/11/2020 06:06

Nov 10 (Reuters) - Chargeurs SA  CRIP.PA :
    * 2020 TARGETS RAISED: REVENUE ABOVE €800M WITH RECURRING OPERATING PROFIT ABOVE €70M
    * 9-MONTH REVENUE AT €688.2M, UP 45.7%
    * ASSUMING A STRONG ECONOMIC RECOVERY DOES NOT FULLY MATERIALIZE BEFORE END-2021 OR EVEN
EARLY
2022, CHARGEURS WILL CONTINUE TO PRIORITIZE LIKE-FOR-LIKE GROWTH IN ITS ACTIVITIES AND PROFIT
QUALITY
    * THE “LEAP FORWARD 2025” STRATEGIC PLAN WILL TARGET BETWEEN €1BN AND €1.5BN IN REVENUE BY
2025
WITH A HIGH RETURN ON CAPITAL EMPLOYED

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

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