Brief: Omer Decugis & Cie FY Revenue Up 37%, At EUR 188.6 Mln

Omer Decugis & Cie SA

25/01/2023 18:20

Jan 25 (Reuters) - Omer Decugis & Cie SA  ALODC.PA :
    * FY 2021/22 RESULTS AND Q1 2022/23 REVENUE
    * RECORD FULL-YEAR REVENUE OF €188.6 MILLION, UP 37%, A YEAR
AHEAD
OF THE GROWTH PLAN
    * 2021/22 PROFITABILITY IMPACTED BY INFLATIONARY PRESSURE ON
SUPPLY CHAIN COSTS
    * GOOD START TO THE 2022/23 FINANCIAL YEAR, WITH REVENUE UP
5.8%
IN THE FIRST QUARTER
    * FY EBITDA EUR 0.6 MILLION VERSUS EUR 3.4 MILLION YEAR AGO
    * IN THE YEAR ENDED 30 SEPTEMBER 2022, CASH FLOW FROM
OPERATIONS
AMOUNTED TO €0.1 MILLION, COMPARED WITH €2.7 MILLION IN FY
2020/21
    * AT 30 SEPTEMBER 2022, GROUP EQUITY AMOUNTED TO €29.9
MILLION,
CASH AND CASH EQUIVALENTS TO €2.0 MILLION AND GROSS BORROWINGS
TO €12.4 MILLION
    * FY NET LOSS GROUP SHARE EUR 1.2 MILLION VERSUS PROFIT EUR
1.1
MILLION YEAR AGO
    * WILL PROPOSE A DIVIDEND OF €0.035 PER SHARE FOR THE
2021/22
FINANCIAL YEAR
    * REAFFIRMS ITS 2025 AMBITIONS: €230 MILLION IN REVENUE AND
AN
EBITDA MARGIN ABOVE 5%
    * OUTLOOK: THE GROUP INTENDS TO CONTINUE ITS DEVELOPMENT IN
2023

Source text for Eikon:  ID:nACT78223 
Further company coverage:  ALODC.PA 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))