Brief: PCAS FY Sales Down At 194.1 Million Euros

Pcas SA

25/02/2021 17:28

Feb 25 (Reuters) - Pcas SA  PCAS.PA :
    * FY SALES 194.1 MILLION EUR
    * PCAS: 2020 ANNUAL RESULTS
    * EBITDA AMOUNTED TO EUR 10.7 MILLION, COMPARED TO EUR 16.3
MILLION IN 2019 (I.E. A MARGIN OF 5.5% VERSUS 8.1% IN 2019)
    * NET RESULT WAS A LOSS OF EUR 14.9 MILLION IN 2020,
COMPARED TO A
LOSS OF EUR 13.7 MILLION IN 2019
    * FINANCIAL RESULT SHOWED A LOSS OF EUR 1.6 MILLION IN 2020,
COMPARED TO A LOSS OF EUR 2.1 MILLION IN 2019.
    * NET DEBT (INCLUDING NET CURRENT ACCOUNT CREDIT BALANCE
WITH
SEQENS) TOTALED EUR 133.4 MILLION VERSUS. EUR 97.7 MILLION AT
DECEMBER 31, 2019
    * GROUP'S NET DEBT (INCLUDING NET CURRENT ACCOUNT CREDIT
BALANCE
WITH SEQENS) TOTALED EUR 133.4 MILLION VERSUS. EUR 97.7 MILLION
AT DECEMBER 31, 2019.
    * POTENTIAL IMPACTS IN MEDIUM TERM REMAIN DIFFICULT TO
ANTICIPATE
    * HAS SUSPENDED ITS FINANCIAL TARGETS AND ITS STRATEGIC
BUSINESS
OBJECTIVES UNTIL SITUATION BECOMES CLEARER
    * IN VIEW OF GROUP'S FINANCIAL PERFORMANCE IN 2020, BOARD OF
DIRECTORS WILL ASK NEXT ANNUAL GENERAL MEETING TO APPROVE NO
DIVIDEND PAYMENT ON 2020 RESULTS
    * OUTLOOK FOR CURRENT YEAR: GROUP HAS SUSPENDED ITS
FINANCIAL
TARGETS AND ITS STRATEGIC BUSINESS OBJECTIVES UNTIL SITUATION
BECOMES CLEARER.

Source text for Eikon:  ID:nGNE4NyLW9 
Further company coverage:  PCAS.PA 

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