Brief: La Française De L'Energie FY EBITDA Down At 1.1 Million Euros

La Francaise de l Energie SA

15/10/2020 09:01

Oct 15 (Reuters) - LA FRANÇAISE DE L'ENERGIE  LFDE.PA :
    * FY REVENUE EUR 7.9 MLN VS EUR 7.9 MLN YR AGO
    * FY EBITDA EUR 1.1 MLN VS EUR 2.3 MN YR AGO
    * FY NET INCOME GROUP SHARE EUR 0.1 MLN VS EUR 0.8 MLN YR
AGO
    * END-JUNE CASH POSITION STOOD AT EUR 3.8 MLN
    * INVESTMENT CAPACITY REMAINED INTACT, WITH VERY
CONSERVATIVE NET
DEBT/EQUITY RATIO OF 29%
    * CONFIRMS DEPLOYMENT OF AN ADDITIONAL 7.5 MW AT ITS
EXISTING
SITES IN FRANCE AND BELGIUM BY END OF FY 2021
    * LORRAINE PROJECT TOOK ANOTHER IMPORTANT STEP FORWARD WITH
FINALISATION OF PUBLIC ENQUIRY ON OCTOBER 13
    * IN GRAND-EST REGION, LARGEST SOLAR THERMAL PARK IN FRANCE
WILL
GO INTO PRODUCTION BY END OF OCTOBER
    * CONFIRMS AMBITION TO ACHIEVE ANNUALISED SALES OF EUR 35
MLN AND
EBITDA MARGIN OF OVER 45% BY END OF 2022

    
 Source text for Eikon:  ID:nBw23g9rJa 
 Further company coverage:  LFDE.PA  
   


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