Brief: Fagron Proposes Dividend At 0.18 Euro Per Share

Fagron NV

11/02/2021 06:16

Feb 11 (Reuters) - FAGRON NV  FAGRO.BR :
    * REG-FAGRON DELIVERS SOLID RESULTS IN EXCEPTIONAL 2020
    * FY TURNOVER INCREASED 4.0% TO EUR 556.0 MILLION
    * FY REBITDA INCREASED 5.9% TO EUR 123.9 MILLION (+14.6%
CER)
    * FY RECURRENT NET PROFIT UP 8.3% AT EUR 62.9 MILLION
    * FY STRONG OPERATING CASH FLOW OF EUR 93.0 MILLION
    * DIVIDEND PROPOSAL OF EUR 0.18 PER SHARE
    * NET FINANCIAL DEBT/REBITDA RATIO OF 2.06 AT END-2020
    * IMPACT OF COVID-19 PANDEMIC DIFFERS BY REGION AND COUNTRY,
OVERALL IMPACT LIMITED
    * THERE WERE NO DISRUPTIONS TO FAGRON’S SUPPLY CHAIN DURING
THE
PAST YEAR AS A RESULT OF THE COVID-19
    * FY NET PROFIT EUR 60.0 MILLION VERSUS EUR 41.5 MILLION
YEAR AGO
    * WE EXPECT GROWTH IN BOTH TURNOVER AND PROFITABILITY FOR
THE FULL
YEAR 2021

Source text for Eikon:  ID:nGNE8PfBBG 
Further company coverage:  FAGRO.BR 

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