Brief: Jacquet Metal Service Reports Q1 EBITDA Of 16 Million Euros

Jacquet Metals SA

13/05/2020 18:05

May 13 (Reuters) - Jacquet Metal Service SA  JCQ.PA :
    * Q1 SALES FELL 10.3 PERCENT TO 413 MILLION EUR
    * Q1 EBITDA EUR 16 MILLION (3.9% OF SALES)
    * Q1 OPERATING CASH FLOW EUR 69 MILLION
    * IT WILL ALSO BE PROPOSED A DIVIDEND OF EUR 0.2 PER SHARE
    * Q1 NET INCOME GROUP SHARE EUR 0.2 MILLION VERSUS EUR 11
MILLION
YEAR AGO 
    * AT MARCH 31, 2020, NET DEBT AT EUR 132 MILLION VERSUS EUR
175
MILLION AT END OF DEC 2019
    * CHAIRMAN AND CHIEF EXECUTIVE OFFICER TO REDUCE HIS
COMPENSATION
BY 25%
    * GROUP HAS NOT REQUESTED PAYMENT EXTENSION FOR TAXES AND
LEVIES
IN FRANCE AND NOT TAKEN OUT ANY LOANS GUARANTEED BY FRENCH STATE
    * GROUP IS IN A SOLID FINANCIAL POSITION TO WEATHER PRESENT
SITUATION

Source text for Eikon:  ID:nBw2Gh501a 
Further company coverage:  JCQ.PA 

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