Brief: Grolleau FY Revenues Up At 31.2 Million

Grolleau SA

07/06/2022 17:24

June 7 (Reuters) - Grolleau SA  ALGRO.PA :
    * FY REVENUES: €31.2 MILLION (+40%)
    * FY OPERATING RESULT EUR 682K VERSUS LOSS EUR 489K YEAR AGO
    * FINANCIAL DEBTS AMOUNTED TO €5.9 MILLION AT MARCH 31,
2022,
VERSUS €6.5 MILLION AT MARCH 31, 2021
    * FY NET RESULT EUR 623K VERSUS LOSS EUR 478K YEAR AGO
    * NET CASH POSITION OF €8.0 MILLION AT THE END OF THE YEAR
    * CONFIDENT ABOUT PROSPECTS, TARGETING SALES GROWTH OF
AROUND 10%,
WITH FURTHER INCREASE IN ITS EBITDA MARGIN
    * WISHES TO REINFORCE COMMERCIAL DEVELOPMENT IN EUROPE,
ACTIVELY
LOOKING FOR OPPORTUNITIES FOR TARGETED ACQUISITIONS
    * PURSUING STRATEGIC DEVELOPMENT TO REACH TURNOVER OF €50
MILLION
FOR FY25-26

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL7SW8G3
Further company coverage:  ALGRO.PA 

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