Brief: Oeneo FY Revenue Up At 268.2 Million Euros

Oeneo SA

13/06/2019 17:10

June 13 (Reuters) - Oeneo SA  SABT.PA :
    * 2018-2019 ANNUAL RESULTS: TURNOVER UP NEARLY 8% -
RECURRING
OPERATING MARGIN OF 15.1% - A RESILIENT PERFORMANCE DESPITE
HIGHER RAW MATERIALS COSTS
    * FY RECURRING OPERATING INCOME EUR 40.5  MILLION VERSUS EUR
46.5
MILLION YEAR AGO
    * FY REVENUE EUR 268.2 MILLION VERSUS EUR 248.6 MILLION YEAR
AGO
    * GROUP HAS MADE A CONFIDENT START TO 2019-2020 CONFIRMING
ITS
STRONG GROWTH POTENTIAL IN BOTH DIVISIONS
    * WILL RECOMMEND PAYMENT OF A DIVIDEND OF EUR 0.15 PER SHARE
    * FY CONSOLIDATED NET INCOME GROUP SHARE EUR  25.4 MILLION
VERSUS
EUR 26.6 MILLION YEAR AGO
    * MEASURES TAKEN WILL CONTINUE TO CONTRIBUTE TO IMPROVING
OENEO'S
RECURRING OPERATING MARGIN
    * FOR  WINEMAKING DIVISION, IN 2019-2020, INTENDS TO
CONTINUE ITS
GROWTH MOMENTUM AND PROGRESSIVELY MOVE TOWARDS ITS TURNOVER
TARGET OF €100 MILLION

Source text for Eikon:  ID:nACT58820 
Further company coverage:  SABT.PA 

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