Brief: Jacquet Metals FY EBITDA Down At EUR 62 Million

Jacquet Metals SA

09/03/2021 17:17

March 9 (Reuters) - Jacquet Metals SA  JCQ.PA :
    * FY SALES 1.4 BILLION EUR
    * FY EBITDA : EUR 62 MILLION (4.6% OF SALES)
    * FY NET INCOME (GROUP SHARE): EUR 11 MILLION
    * IN 2021 GROUP WILL BE AIMING TO IMPROVE ITS OPERATING
EFFICIENCY, PARTICULARLY IN IMS GROUP DIVISION IN GERMANY,
PURSUE CAPITAL EXPENDITURE POLICY AND SEEK OUT GROWTH
OPPORTUNITIES
    * WITHOUT RETURNING TO PRE-CRISIS LEVELS, BUSINESS AT START
OF
2021 BENEFITED FROM INCREASE IN RAW MATERIAL PRICES, FUELING
EXPECTATIONS OF A Q1 2021 INCREASE IN GROSS MARGIN LEVEL.
    * NEVERTHELESS, OVERALL ENVIRONMENT REMAINS MARKED BY A LACK
OF
VISIBILITY, EXACERBATED BY STILL UNSTABLE HEALTH CONDITIONS
    * GENERATED EUR 140 MILLION OF OPERATING CASH FLOW IN 2020

Source text for Eikon:  ID:nBw9xrzPXa 
Further company coverage:  JCQ.PA 

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