Brief: Roche Bobois FY EBITDA EUR 90.5 Mln, +8.8% YoY At Current Exchange Rates

Roche Bobois SA

28/03/2024 08:33

March 28 (Reuters) - Roche Bobois SA  RBO.PA :
    * FY CONSOLIDATED SALES: EUR429.6M (+5.2% AT CURRENT
EXCHANGE
RATES AND +6.1% AT CONSTANT EXCHANGE RATES VERSUS. 2022)
    * FY CURRENT EBITDA: EUR90.5M (+8.8% AT CURRENT EXCHANGE
RATES AND
+9.8% AT CONSTANT EXCHANGE RATES VERSUS. 2022)
    * FY EBITDA MARGIN: 21.1% (+0.7 POINTS)
    * ROCHE BOBOIS SA - FY CASH FLOW FROM OPERATIONS: EUR89.0M
(VERSUS. EUR84.4M IN 2022)
    * FY AVAILABLE CASH OF EUR65.3M, NET CASH POSITION
(EXCLUDING.
IFRS 16 LEASE LIABILITIES) OF EUR30.6M
    * AFTER TAX OF EUR11.1M, FY NET PROFIT WAS EUR31.3M, SAME AS
IN
2022
    * AIMS TO MATCH RECORD SET IN FY2023 IN FY2024
    * DIVIDEND IS BEING KEPT AT EUR 2.25 PER SHARE
    * GROUP EXPECTS SALES TO DIP SLIGHTLY IN H1, BEFORE PICKING
UP
AGAIN IN H2
    * TALKS ARE ONGOING WITH ROCHE BOBOIS FRANCHISEE IN CHINA
WITH A
VIEW TO EXPANDING GROUP'S DIRECTLY-OPERATED PRESENCE IN THIS NEW
REGION
    * GROUP PLANS TO OPEN 4 NEW DIRECTLY-OPERATED STORES IN
US/CANADA
THIS YEAR, INCLUDING OPENING OF A SECOND STORE IN TORONTO
    * COMPANY SAYS TALKS ARE ONGOING WITH ROCHE BOBOIS
FRANCHISEE IN
CHINA

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