Brief: Roche Bobois FY Current EBITDA Up At 65.2 Million Euros
24/03/2022 06:59
March 24 (Reuters) - Roche Bobois SA RBO.PA :
* 2021 EBITDA MARGIN CLOSE TO 20%
* FY NET PROFIT GROUP SHARE: EUR 18.7M (+88%)
* PROPOSED DIVIDEND: EUR1/SHARE (DOUBLE 2020 LEVEL)
* SHARP INCREASE IN OPERATING CASH FLOW: €83.3M (+38%
VERSUS.
END-2020)
* FY CURRENT EBITDA EUR 65.2M (+30%)
* 2021 REVENUE TO EUR 334.0M (+26%)
* CASH FLOW BEFORE COST OF NET FINANCIAL DEBT SIGNIFICANTLY
INCREASED TO EUR 64.1M ON 31 DECEMBER 2021, VERSUS. EUR 50.0M ON
31 DECEMBER 2020
* SPECIFIES TO START WITH THAT IT HAS VERY LITTLE BUSINESS
IN
RUSSIA AND UKRAINE, WHERE THE GROUP IS ONLY PRESENT THROUGH FIVE
FRANCHISED SALES OUTLETS, THREE STORES IN RUSSIA (MOSCOW AND
YEKATERINBURG) AND TWO IN UKRAINE IN KIEV
* STORES IN RUSSIA AND UKRAINE HAVE VIRTUALLY NO IMPACT ON
THE
CONSOLIDATED FINANCIAL STATEMENTS
* IN 2022 CO IS PLANNING TO OPEN TWO DIRECTLY-OPERATED AND
OWNED
STORES IN US IN Q1 IN SARASOTA (FLORIDA) AND PALM DESERT
(CALIFORNIA)
* STORES IN UKRAINE WERE CLOSED AS SOON AS THE CONFLICT
BROKE OUT
AND THAT ROCHE BOBOIS ACTIVITY HAS BEEN SUSPENDED IN RUSSIA
* CO IS PLANNING TO OPEN ONE DIRECTLY-OPERATED AND OWNED
STORE IN
LUGANO (SWITZERLAND) IN SUMMER 2022
* SALES ACTIVITY STILL ROBUST IN EARLY 2022
* RETAIL SALES OF EUR 128.6M AT END-FEBRUARY 2022, UP 9.2%
VERSUS.
YEAR-EARLIER PERIOD AND 37.9% VERSUS. END-FEBRUARY 2019
* CONFIRMS FURTHER REVENUE GROWTH FOR FIRST HALF OF 2022
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