April 21 (Reuters) - GEVELOT SA ALGEV.PA :
* GEVELOT S.A.: PRESS RELEASE CLOSING OF 2019 ACCOUNTS
* CONSOLIDATED TURNOVER FOR 2019 AMOUNTED TO EUR 103.7 M
* GROUP'S CONSOLIDATED OPERATING INCOME IN 2019 AMOUNTED TO
A
PROFIT OF EUR 8.6 M
* NET CONSOLIDATED OPERATING INCOME IN 2019 AMOUNTED TO A
PROFIT
OF EUR 8.9 M
* 2019 NET CONSOLIDATED FINANCIAL STRUCTURE AMOUNTED TO EUR
148.3
M
* WILL PROPOSE DISTRIBUTION OF A DECREASED DIVIDEND, I.E.
EUR 1.60
PER SHARE
* NET CASH FLOW FROM OPERATIONS WAS EUR 13.9 M AGAINST EUR
9.2 M
IN 2018
* STRONG NEGATIVE ECONOMICAL EFFECTS ARE EXPECTED FROM
COVID-19
HEALTH CRISIS ON GROUP'S ACTIVITY AND PROFITABILITY
Source text for Eikon: ID:nEQ1vcs64a
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