Brief: CFE FY Revenue Rises To EUR 1.17 Bln
27/02/2023 06:57
Feb 27 (Reuters) - Compagnie d'entreprises CFE SA
CFEB.BR :
* OUTLOOK 2023: EXPECTS A MODERATE INCREASE IN ITS TURNOVER
AND
THE MAINTAINING OF A HIGH LEVEL OF ITS NET PROFIT, CLOSE TO
THAT OF 2022
* OUTLOOK 2023: CONSTRUCTION & RENOVATION AND VMA ARE
EXPECTED TO
POST MODERATE REVENUE GROWTH AND FURTHER IMPROVE THEIR OPERATING
PERFORMANCE
* OUTLOOK 2023: INVESTMENTS & HOLDING SEGMENT SHOULD BENEFIT
FROM
INCREASED ACTIVITY IN VIETNAM AND CONTRIBUTION TO THE GROUP'S
NET INCOME
* FY NET INCOME VERY CLOSE TO THE RECORD LEVEL OF 2021 : EUR
38.4
MILLION
* PROPOSED DIVIDEND FOR 2022: EUR 0.40 PER SHARE,
REPRESENTING A
GROSS YIELD OF 4.1%
* REVENUE FY 2022 EUR 1,167 MILLION VERSUS EUR 1,125 MILLION
YEAR
AGO
* CONSOLIDATED EBIT FY 2022 EUR 51 MILLION VERSUS EUR 58
MILLION
YEAR AGO
* ORDER BOOK EUR 1,715.1 MILLION, UP 5.8% OVER YEAR AGO
* OUTLOOK 2023: IN ABSENCE OF PROJECT DELIVERY IN POLAND AND
BECAUSE OF LESS FAVOURABLE MARKET CONDITIONS, BPI'S NET INCOME
COULD DECREASE IN 2023
* NET FINANCIAL DEBT FY22 EUR 48.9 MILLION VERSUS EUR 113
MILLION
YEAR AGO
* OUTLOOK 2023: FOR MOBIX, 2023 WILL BE A TRANSITION YEAR
CHARACTERISED BY THE END OF THE LUWA PROJECT
Source text for Eikon: [ID:https://bit.ly/3KL8itP]
Further company coverage: CFEB.BR
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