Brief: Compagnie Des Alpes FY Group EBITDA (Excl. Non Recurring) Up At EUR 270 Mln

Compagnie des Alpes SA

06/12/2022 06:44

Dec 6 (Reuters) - Compagnie des Alpes SA  CDAF.PA :
    * FY GROUP EBITDA EUR 270 MILLION (EXCLUDING ONE-OFFS)
VERSUS EUR
71.9 MILLION YEAR AGO
    * OUTLOOK 2022/23: AT COMPARABLE PERIMETER, RESUME OF
PRE-COVID
GROWTH TRAJECTORY OF REVENUES, EBITDA EXPECTED AT LEVEL CLOSE TO
2021/22 (EXCLUDING. ONE-OFFS) DUE TO RISE IN COST OF ELECTRICITY
    * FISCAL YEAR 2021/2022 RESULTS
    * FY NET INCOME, GROUP SHARE UP BY MORE THAN 80% VERSUS.
2018/19
    * GROUP TO PROPOSE TO GENERAL MEETING OF SHAREHOLDERS ON 9
MARCH
DISTRIBUTION OF DIVIDEND OF €0.83 PER SHARE
    * AS PART ENERGY SOBRIETY POLICY, GROUP SET TARGET OF
REDUCING ITS
ENERGY CONSUMPTION BY AROUND 8-10% BY 2023, ON LIKE-FOR-LIKE
BASIS, ALL OTHER THINGS BEING EQUAL COMPARED TO 2022
    * OUTLOOK 2022/23: INDUSTRIAL INVESTMENTS OF APPROXIMATELY
€250 M
AND OPERATIONAL FREE CASH-FLOW POSITIVE
    * GROUP CONSIDERING INCREASING RENEWABLE ENERGY PRODUCTION
CAPACITY FOR SELF-CONSUMPTION BEYOND ALREADY INSTALLED CAPACITY
(1.5 GWH), IMPLEMENTATION OF POSSIBLE LONG-TERM SUPPLY CONTRACT
(PPA)

Source text for Eikon:  ID:nNDL80mVqG 
Further company coverage:  CDAF.PA 
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