Brief: Groupe LDLC FY EBITDA Up At 15.7 Million Euros

Groupe LDLC SA

18/06/2020 16:54

June 18 (Reuters) - Groupe LDLC SA  ALLDL.PA :
    * STRUCTURAL IMPROVEMENT IN H1 GROSS MARGIN TO 19.3%
(2018/2019:
17.0%)
    * FY EBITDA UP SHARPLY TO €15.7M (2018/2019: €1.8M)
    * STEEPENING OF PROFITABLE GROWTH CURVE IN 2020/2021
    * NET DEBT DIVIDED BY 7 TO EUR 8.6 MLN AT MARCH 31, 2020
    * IS CONFIDENT IN ITS ABILITY TO POST FURTHER STRONG GROWTH
IN
EARNINGS FOR THE 2020/2021 FINANCIAL YEAR AND IS TARGETING
REVENUES OF OVER €600M
    * END-FY OPERATING CASH FLOW OF EUR 12.4 MLN
    * TARGETS  2020/2021 EBITDA OF €33 MLN
    * EXPECTS TO POST NEGATIVE NET DEBT BY THE END OF THE
2020/2021
FINANCIAL YEAR
    * FY NET RESULT EUR 8.3 MILLION VERSUS LOSS OF EUR 4.8
MILLION
(RESTATED) YEAR AGO
    * END-FY NET DEBT OF EUR 8.6 MLN (DOWN FROM EUR 60.3 MLN AT
31
MARCH 2019)
    * FY REVENUES EUR 493.4 MILLION VERSUS EUR 507.5 MILLION
(RESTATED) YEAR AGO

Source text for Eikon:  ID:nACT63923 
Further company coverage:  ALLDL.PA 

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