Brief: Finatis FY Recurring Operating Income Down To EUR 1.18 Bln

Finatis SA

18/03/2022 17:19

March 18 (Reuters) - FINATIS SA  LINP.PA :
    * FY CONSOLIDATED NET LOSS GROUP SHARE EUR 166 MILLION
VERSUS LOSS
EUR 187 MILLION YEAR AGO
    * FY REVENUE EUR 30.57 BILLION VERSUS EUR 31.93 BILLION YEAR
AGO
    * FY RECURRING OPERATING INCOME EUR 1.18 BILLION VERSUS EUR
1.40
BILLION YEAR AGO
    * IN 2022, IN A CONTEXT OF NORMALIZATION OF THE HEALTH
SITUATION,
CASINO GROUP AFFIRMS ITS CONFIDENCE IN REGAINING A GROWTH
DYNAMIC BY CAPITALIZING ON ITS DIFFERENTIATING ASSETS AND ITS
INNOVATIVE SERVICES
    * AFTER THE POSTPONEMENT OF THE SAFEGUARD PLAN DEADLINES BY
TWO
YEARS, THE NEXT IMPORTANT DEADLINE FOR THE FINATIS PLAN WILL BE
IN FEBRUARY 2025
    * AT DECEMBER 31, 2021, THE RATIO OF GROSS FINANCIAL DEBT TO
EBITDA AFTER RENT WAS 6.47X
    * THE BOARD OF DIRECTORS OF FINATIS WILL PROPOSE TO THE
GENERAL
MEETING OF 2022 NOT TO PAY A DIVIDEND IN 2022 FOR THE FINANCIAL
YEAR 2021

Source text for Eikon:  ID:nEQ2btG25a 
Further company coverage:  LINP.PA 

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