Brief: Gerard Perrier Industrie H1 Net Profit Down At 3.6 Million Euros

Gerard Perrier Industrie SA

25/09/2020 06:51

Sept 25 (Reuters) - Gerard Perrier Industrie SA  GPIF.PA :
    * H1 CASH AND CASH EQUIVALENTS REMAINED AT HIGH LEVEL AT EUR
44.4
MILLION
    * H1 RECURRING OPERATING PROFIT EUR 5.3 MILLION VERSUS EUR
8.8
MILLION YEAR AGO
    * H1 NET PROFIT EUR 3.6 MILLION VERSUS EUR 6.1 MILLION YEAR
AGO
    * TARGETING A TURNOVER OF AT LEAST €100 MILLION FOR THE
SECOND
PERIOD OF THE YEAR, IF HOWEVER THE ACTIVITY IS NOT SUBJECT TO
NEW HEALTH RESTRICTIONS LINKED TO COVID
    * H1 REVENUE EUR 86.2 MILLION VERSUS EUR 101.1 MILLION YEAR
AGO
    * OVER FY EXPECTS IMPROVEMENT IN NET PROFIT (COMPARED TO H1)
BUT
FY NET MARGIN WILL REMAIN BELOW HISTORICAL AVERAGE ( NET MARGIN
HISTORICAL FIGURE IS 6% OF SALES)

Source text: https://bit.ly/33SpBC0
Further company coverage:  GPIF.PA 

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