Brief: Esso Societe Anonyme Francaise : FY Net Income 23 Million Euros

North Atlantic Energies SA

17/03/2020 18:07

March 17 (Reuters) - ESSO SOCIETE ANONYME FRANCAISE SA
 ESSF.PA :
    * FY NET INCOME EUR 23 MILLION TAKING INTO ACCOUNT POSITIVE
INVENTORY EFFECTS FOR EUR 147 MILLION
    * FY SHAREHOLDERS' EQUITY AMOUNTS TO € 927 MILLION AND THE
NET
FINANCIAL POSITION IS POSITIVE AT € 432 MILLION
    * FY FINANCIAL RESULT EUR 17 MILLION VERSUS EUR 12 MILLION
YEAR
AGO
    * THE GROUP'S FY OPERATING PROFIT WAS POSITIVE AT € 1
MILLION AND
INCLUDED FAVORABLE INVENTORY EFFECTS FOR € 147 MILLION.
    * FY CRUDE OIL PROCESSED IN REFINERY 15.9 MILLION TONNES
VERSUS
15.3 MILLION TONNES YEAR AGO
    * FY NET PROFIT GROUP SHARE EUR 23 MILLION VERSUS LOSS OF
EUR 127
MILLION YEAR AGO
    * FY NET CASH FLOW GENERATED BY OPERATIONS IS POSITIVE AT
EUR 384
MILLION, UP BY EUR 469 MILLION COMPARED TO 2018
    * ON CORONAVIRUS:  HAS IMPLEMENTED PROCEDURES TO ENSURE THE
CONTINUITY OF ITS OPERATIONS
    * FY GROUP REVENUE AMOUNTED TO 14.8 BILLION EUROS, DOWN 0.4%

Source text for Eikon:  ID:nGNE2pq3Sr 
Further company coverage:  ESSF.PA 

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