Brief: Holland Colours FY Operating Result Up At 10.8 Million Euros

Holland Colours NV

04/06/2020 18:28

June 4 (Reuters) - Holland Colours NV  HOLCO.AS :
    * FY REVENUE EUR 101.5 MILLION - UP 12% GROWTH, DRIVEN BY
ALL
DIVISIONS
    * FY NET RESULT AFTER DISCONTINUED OPERATIONS WAS EUR 7.9
MILLION
VERSUS EUR 6.1 MILLION PRIOR YEAR AND NET EARNINGS PER SHARE
CAME IN AT EUR 9.09 VERSUS EUR 7.04 PRIOR YEAR
    * FY NET MARGIN FOR GROUP WAS EUR 45.8 MILLION, AN INCREASE
OF EUR
5.3 MILLION ON YEAR BEFORE
    * FY OPERATING EXPENSES OF EUR 35.0 MILLION, UP EUR 3.3
MILLION
(10.4%) FROM PREVIOUS YEAR
    * FY OPERATING RESULT FROM CONTINUED OPERATIONS WAS € 10.8
MILLION
(ROS OF 10.6%) VERSUS € 8.8 MILLION PREVIOUS YEAR (ROS 9.6%)
    * FY TOTAL NET RESULT WILL BE APPROPRIATED TO RESERVES
    * FY NET CASH FLOW CAME IN AT EUR 0.2 MILLION VERSUS EUR 2.1
MILLION LAST YEAR
    * WE WILL CONSIDER USING COVID-19 GOVERNMENT ASSISTANCE
PROGRAMS
IF, WHEN AND WHERE OUR BUSINESS DETERIORATES AND IN CASE WE
WOULD  BE ELIGIBLE UNDER NATIONAL LEGISLATION
    * DO NOT BELIEVE THAT IMPACT OF COVID-19 WOULD HAVE A
MATERIAL
ADVERSE EFFECT ON FINANCIAL CONDITION OR LIQUIDITY
    * TO EVALUATE COVID-19 PANDEMIC, MARKET SITUATION, OUTLOOK
AND THE
EFFECT OF PLANS TOWARDS END OF 2020 AND BY THEN CONSIDER IF
INTERIM DIVIDEND PAYMENT IS APPROPRIATE
    * OUTLOOK : HOLLAND COLOURS WILL NOT PROVIDE PRECISE
FORWARD-LOOKING STATEMENTS ABOUT REVENUE AND RESULTS FOR
2020/2021

Source text for Eikon:  ID:nNDL5PW6Kb 
Further company coverage:  HOLCO.AS 

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