Brief: Hexaom FY Net Result Down At 18.5 Million Euros

Hexaom SA

16/03/2020 17:26

March 16 (Reuters) - Hexaom SA  HEXAO.PA :
    * FY OPERATIONAL RESULT EUR 27.2 MILLION VERSUS EUR 36.0
MILLION
YEAR AGO
    * FY NET RESULT EUR 18.5 MILLION VERSUS EUR 24.6 MILLION
YEAR AGO
    * FY SALES GROWTH OF 4.7%
    * AIMS FOR DOUBLE-DIGIT ORGANIC GROWTH IN PRODUCTION IN 2020
    * FY CONSOLIDATED REVENUE EUR  841.8 MILLION VERSUS EUR
804.0
MILLION YEAR AGO
    * FY CONSOLIDATED REVENUE EUR 841.8 MILLION VERSUS EUR 804.0
MILLION YEAR AGO
    * TO PROPOSE DIVIDEND OF EUR 1.10 PER SHARE
    * ON CORONAVIRUS: IN THIS TROUBLED PERIOD, HEXAOM GROUP HAS
MANY
ADVANTAGES
    * ON CORONAVIRUS: WILL NOTABLY BE ABLE TO RELY ON ITS VERY
SOUND
FINANCIAL STRUCTURE, WIDELY VARIABLE COST STRUCTURE AND AN
ABILITY TO ADAPT AND TO REBOUND QUICKLY, ALREADY PROVEN IN A
REPUTEDLY CYCLICAL MARKET
    * GROUP SHOULD CARRY OUT PRODUCTION OF ABOUT EUR 1 BILLION
AND
IMPROVE OPERATIONAL PROFITABILITY DUE TO NON-REITERATION OF
EXCEPTIONAL ELEMENTS KNOWN IN 2019
    * AT 31 DEC 2019, CASH POSITION OF EUR 130.3 MILLION
    * ON CORONAVIRUS:  GROUP HAS DRAWN UP A BUSINESS CONTINUITY
PLAN
AND HAS TAKEN THE MEASURES NECESSARY TO LIMIT THE IMPACT ON ITS
ACTIVITY

Source text for Eikon:  ID:nACT62528 
Further company coverage:  HEXAO.PA 

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