Brief: Damartex FY Operating EBITDA Down At 8.9 Million Euros

Damartex SA

07/09/2022 16:59

Sept 7 (Reuters) - Damartex SA  ALDAR.PA :
    * RESULTS FOR THE 2021/ 2022 FINANCIAL YEAR
    * MANAGEMENT BOARD WILL PROPOSE THE DISTRIBUTION OF A
DIVIDEND OF
€0.10 PER SHARE AT THE ANNUAL GENERAL MEETING SCHEDULED FOR 17
NOVEMBER 2022
    * IN FY THE GROUP'S OPERATING EBITDA CAME TO €8.9 MN, DOWN
-75.6% 
COMPARED WITH FY 2020/21
    * FY REVENUE EUR 719.0 MILLION VERSUS EUR 764.2 MILLION YEAR
AGO
    * GROUP CLOSES THE 2021/ 22 FINANCIAL YEAR WITH A NET RESULT
OF
€-5.8 MN
    * ALTHOUGH THE ECONOMIC ENVIRONMENT CALLS FOR CAUTION,
DAMARTEX
GROUP POINTS OUT THAT IT HAS SIGNIFICANT ASSETS TO FACE UP TO IT
    * NET FINANCIAL POSITION WAS €-48.0 MN AT THE END OF JUNE
2022
(COMPARED WITH €25.9 MN AT THE END OF JUNE 2021
    * WORKING CAPITAL REQUIREMENTS STOOD AT €27.9 MN AT THE END
OF
JUNE 2022


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