Brief: CFE Raises 2021 Outlook

Compagnie dentreprises CFE SA

23/11/2021 06:54

Nov 23 (Reuters) - Compagnie d'entreprises CFE SA  CFEB.BR :
    * RAISING 2021 OUTLOOK: REVENUE AND NET RESULT SHOULD RETURN
TO
THEIR PRE-COVID LEVEL
    * END-SEPT REVENUE EUR 2.55 BILLION VERSUS EUR 2.40 BILLION
YEAR
AGO
    * ORDER BOOK AT HISTORICALLY HIGH LEVEL
    * END-SEPT NET FINANCIAL  DEBT EUR 833.7 MILLION VERSUS EUR
805.9
MILLION YEAR AGO
    * END SEPT ORDER BOOK EUR 6.36 BILLION VERSUS EUR 5.53
BILLION
YEAR AGO
    * DEME’S REVENUE IN THE FIRST NINE MONTHS OF 2021 AMOUNTED
TO €
1,730.8 MILLION, UP 3% COMPARED TO 2020
    * FOR 2021 DEME PROJECTS A SOLID INCREASE OF ITS REVENUE AND
NET
RESULT COMPARED WITH 2020, ALBEIT SLIGHTLY BELOW THE LEVELS OF
2019
    * FOR 2021 THE REVENUE AND NET RESULT OF CFE CONTRACTING
SHOULD
COME CLOSE TO THE FIGURES FOR 2019

Source text: [https://bit.ly/3FGk6aN]
Further company coverage:  CFEB.BR 

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