Brief: Financiere De L'Odet FY Net Profit Up At 1.55 Billion Euros

Compagnie De lodet SE

04/03/2021 17:50

March 4 (Reuters) - FINANCIERE DE L'ODET SE  EPMF.PA :
    * FY NET PROFIT 1.549 BILLION EUR VERSUS 1.402 BILLION EUR
YEAR
AGO
    * FY REVENUE FELL 3 PERCENT TO 24.11 BILLION EUR
    * NET DEBT: EUR 9.102 MILLION, GEARING: 38%, COMPARED WITH
EUR
8.781 MILLION AT DECEMBER 31, 2019
    * FY ADJUSTED OPERATING INCOME (EBITA): EUR 2,043 MILLION
+25%
(+23% AT CONSTANT SCOPE AND EXCHANGE RATES)
    * LIQUIDITY REMAINED AT A HIGH LEVEL: EUR 9.4 BILLION AS OF
JANUARY 31, 2021, INCLUDING EUR 3.1 BILLION FOR FINANCIÈRE DE
L'ODET
    * TO DISTRIBUTE A DIVIDEND OF EUR 3 PER SHARE COMPARED TO
EUR 1
PER SHARE PAID IN RESPECT OF 2019.
    * FINANCIAL INCOME AMOUNTED TO EUR 618 MILLION, COMPARED
WITH EUR
13 MILLION IN 2019
    * NET INCOME OF EQUITY-ACCOUNTED NON-OPERATING COMPANIES
TOTALLED
-EUR 32 MILLION, COMPARED WITH EUR 98 MILLION IN 2019
    * OUTLOOK: GROUP CONTINUES TO CAREFULLY ANALYSE CURRENT AND
POTENTIAL CONSEQUENCES OF CRISIS BUT REMAINS CONFIDENT IN
RESILIENCE OF ITS MAIN BUSINESS LINES.

Source text for Eikon:  ID:nGNE68jmbw 
Further company coverage:  EPMF.PA 

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