Brief: Mr Bricolage FY EBITDA Up At 39.6 Million Euros

Mr Bricolage SA

16/03/2022 18:20

March 16 (Reuters) - MR Bricolage SA  ALMRB.PA :
    * ANNUAL RESULTS 2021
    * FY REVENUE EUR 302,7 MILLION VERSUS EUR 274.6 YEAR AGO
    * WHILE WE WERE PLANNING TO REACH 1,000 POINTS OF SALE IN
2028, WE
ARE NOW AIMING TO EXCEED THIS TARGET BY THE END OF 2025-CEO
    * FY EBITDA EUR 39.6 MILLION VERSUS EUR 35.7 MILLION YEAR
AGO
    * OULOOK: CONTINUE TO DEVELOP THE NETWORK OF STORES WITH THE
AIM
OF REACHING MORE THAN 1,000 POINTS OF SALE BY 2025
    * OUTLOOK: 30 MODERNIZATION PROJECTS PLANNED BY 2022
    * OUTLOOK: EXPECTS A LESS FAVORABLE MARKET ENVIRONMENT IN
2022
THAN IN THE PREVIOUS TWO YEARS
    * FINANCIAL LOSS AND EXPENSES STABLE AT EUR 5.0 MILLION IN
2021
    * TAKING INTO ACCOUNT TAX INCOME OF €0.5 MILLION, NET INCOME
WAS
€34.0 MILLION, REPRESENTING A NET MARGIN OF 11.2%, COMPARED WITH
6.5% IN 2020
    * FY NET FINANCIAL DEBT WAS €40.0 MILLION COMPARED TO €76.8
MILLION AT THE END OF 2020
    * THE GROUP'S FREE CASH FLOW AMOUNTED TO €80.5 MILLION
(COMPARED
TO €39.2 MILLION AT THE END OF 2020)

Source text for Eikon:  ID:nNDL9lPBWW 
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