Brief: Moulinvest FY EBITDA Down At EUR 24.5 Million

Moulinvest SA

13/12/2023 07:16

Dec 13 (Reuters) - Moulinvest SA  ALMOU.PA :
    * FY EBITDA DOWN 34% TO €24.5M
    * FY CONSOLIDATED SALES: €100.8M (-11%)
    * FY OPERATING PROFIT DOWN 49% TO €13.8M
    * PROPOSED PAYMENT OF A DIVIDEND OF €0.33 PER SHARE
    * FY NET RESULT GROUP SHARE EUR 9.7 MILLION, DOWN 47.7%
    * AS OF 31 AUGUST 2023, THE GROUP HAD SHAREHOLDERS' EQUITY
OF
€70.6 MILLION, COMPARED WITH €63.2 MILLION AT 31 AUGUST 2022
    * OVER THE PAST FINANCIAL YEAR, THE GROUP GENERATED
OPERATING CASH
FLOW OF €22.01 MILLION. COMPARED WITH 22.3 MILLION EUROS IN 2022
    * OUTLOOK 2023-2024: VISIBILITY RELATIVELY LIMITED IN SHORT
TERM;
GROUP REAFFIRMS ITS CONFIDENCE IN MEDIUM AND LONG TERM
    * OUTLOOK 2023-2024: INTENDS TO CONTINUE POLICY OF INVESTING
IN
AND MODERNISING ITS INDUSTRIAL FACILITIES
    * OUTLOOK 2023-2024: DEPENDING ON SITUATION, INVESTMENTS MAY
BE
DEFERRED
    * OUTLOOK 2023-2024: RECENT INVESTMENT IN PRODUCTION
CAPACITY
SHOULD HELP TO BOOST VOLUMES, BUT CURRENT DOWNWARD TREND IN
SELLING PRICES WILL HAVE NEGATIVE IMPACT ON SALES

Source text for Eikon:  ID:nNDL5HbKsv 
Further company coverage:  ALMOU.PA 

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