Brief: Oeneo FY Recurring Operating Income Up At 46 Million Euros

Oeneo SA

23/06/2021 17:26

June 23 (Reuters) - OENEO SA  SABT.PA :
    * FY REVENUE EUR 272.8 MILLION VERSUS EUR 290.3 MILLION YEAR
AGO
    * FY RECURRING OPERATING INCOME EUR 46.0 MILLION VERSUS EUR
44.3
MILLION YEAR AGO
    * FY CONSOLIDATED NET PROFIT GROUP SHARE EUR 31.5 MILLION
VERSUS
EUR 28.3 MILLION YEAR AGO
    * BOARD OF DIRECTORS WILL PROPOSE PAYMENT OF A DIVIDEND OF
EUR
0.20 PER SHARE AT NEXT AGM
    * GROUP HAS STARTED 2021-2022 WITH STRENGTHENED FUNDAMENTALS
AND
MARKET SHARES
    * WILL BENEFIT FROM A MORE DYNAMIC BUSINESS CLIMATE FROM THE
FIRST
QUARTER, WITH THE RECOVERY IN THE CAFÉ, HOTEL AND RESTAURANT
BUSINESS GIVING ITS CUSTOMERS BETTER VISIBILITY
    * IN 2021-2022, CLOSURES DIVISION AIMS TO RETURN TO GROWTH
AND
EXCEED EUR 200-MILLION MARK WHILE MAINTAINING A RECURRING
OPERATING MARGIN OF 20%
    * NET DEBT DECREASED SHARPLY TO €5.1 MILLION AT MARCH 31,
2021
(VERSUS €54.3 MILLION IN THE PRIOR-YEAR PERIOD)
    * IN 2020-2021, TURNOVER FOR CLOSURES DIVISION AMOUNTED TO
EUR
185.7 MILLION, A SLIGHT DECLINE OF 4.9%

Source text for Eikon:  ID:nACT69819 
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