Brief: Holland Colours FY Net Result Rises To 10.2 Million Euros

Holland Colours NV

25/05/2022 07:54

May 25 (Reuters) - Holland Colours NV  HOLCO.AS :
    * FINAL DIVIDEND PROPOSED OF € 5.08 MILLION (€ 5.91 PER
SHARE)
    * REVENUE FOR THE 2021/2022 FINANCIAL YEAR WAS € 110.5
MILLION, AN
INCREASE OF 15% ON THE PREVIOUS YEAR
    * FY NET RESULT OF € 10.2 MILLION VERSUS € 9.6 MILLION IN
THE
PREVIOUS YEAR
    * NET CASH FLOW CAME IN AT € 0.3 MILLION IN 2021/2022,
VERSUS €
9.0 MILLION THE PREVIOUS YEAR
    * FY OPERATING RESULT OF € 13.6 MILLION VERSUS € 12.4
MILLION IN
THE PREVIOUS YEAR
    * UKRAINE, RUSSIA AND BELARUS FORM ONLY A MODEST PART OF OUR
BUSINESS (AROUND 4% OF TOTAL HOLLAND COLOURS GROUP REVENUES),
AND WE HAVE NO OPERATIONS OF OUR OWN THERE
    * WE ALSO DECIDED TO HALT ALL MARKET AND BUSINESS
DEVELOPMENT IN
RUSSIA AND BELARUS, BUT TO CONTINUE TO SUPPLY EXISTING CLIENTS
IN LINE WITH EU SANCTIONS

Source text for Eikon:  ID:nNDL7lgfHm 
Further company coverage:  HOLCO.AS 

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