Brief: Omer-Decugis & Cie Q4 Revenue Up At 31.8 Million Euros

Omer Decugis & Cie SA

26/10/2021 17:58

Oct 26 (Reuters) - Omer-Decugis & Cie  ALODC.PA :
    * GROUP RECORDED REVENUE OF €31.8 MILLION IN Q4 2020/21, UP
31%
DRIVEN ENTIRELY BY ORGANIC GROWTH
    * IS CONFIDENT IN ITS ABILITY TO DELIVER SIGNIFICANTLY
IMPROVED
FULL-YEAR RESULTS
    * EXPANSION OF RIPENING CAPACITY SHOULD SUSTAIN GROUP GROWTH
FROM
Q1 2021/22 ONWARDS
    * 2021/22 FINANCIAL YEAR WILL BE MARKED BY THE START OF THE
EXCLUSIVE DISTRIBUTION OF MADAGASCAN LYCHEES
    * CONFIRMS ITS IPO TARGETS OF €175 MILLION CONSOLIDATED
REVENUE IN
2023 AND €230 MILLION CONSOLIDATED REVENUE WITH AN EBITDA MARGIN
OVER 5% BY 2025
    * EXCLUSIVE DISTRIBUTION OF MADAGASCAN LYCHEES: ANNUAL
REVENUE
ESTIMATED AT OVER €15 MILLION

Source text for Eikon:  ID:nACT71660 
Further company coverage:  ALODC.PA 

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