Brief: High FY Adjusted Attributable Net Income Down To EUR 5.77 Mln

High SA

23/03/2021 17:06

March 23 (Reuters) - High Co SA  HIGH.PA :
    * FY EARNINGS PER SHARE FELL 36.4 PERCENT TO 0.28 EUR
    * 2021 GUIDANCE: RETURN TO BUSINESS AND GROWTH IN ADJUSTED OPERATING MARGIN
TO
MORE THAN 17%
    * NET CASH EXCLUDING OPERATING WORKING CAPITAL OF EUR 13.42 M AT 31 DECEMBER
2020,
REPRESENTING AN INCREASE OF EUR 10.17 M COMPARED TO 31 DECEMBER 2019
    * DIVIDEND OF EUR 0.27 PER SHARE TO BE PROPOSED AT AGM IN MAY 2021, FOR A
STRONG
68.8% INCREASE
    * FY ADJUSTED ATTRIBUTABLE NET INCOME OF EUR 5.77 M, DOWN 36.5%
    * FY ADJUSTED OPERATING MARGIN OF 16.4%
    * FY OPERATING CASH FLOW OF EUR 13 M (EXCLUDING IFRS 16), FOR A LIMITED
DECLINE OF
EUR 1.21 M OR 8.5%

Source text for Eikon:  ID:nGNE3THb0C 
Further company coverage:  HIGH.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))