Brief: Saint Jean Groupe FY Net Income Group Share Up At EUR 3.9 Million

Saint Jean Groupe

02/04/2020 07:10

April 2 (Reuters) - Saint Jean Groupe  SABL.PA :
    * FY NET INCOME GROUP SHARE EUR 3.9 MILLION VERSUS EUR 1.0
MILLION
YEAR AGO
    * SEES VERY SIGNIFICANT DECLINE IN THE RESTAURANT BUSINESS,
WHICH
ACCOUNTED FOR 25% OF SALES IN 2019
    * NO DIVIDEND FOR 2019
    * FY OPERATING RESULT EUR 4.9 MILLION VERSUS EUR 0.6 MILLION
YEAR
AGO
    * FY CASH EUR 47.0 MILLION VERSUS EUR 40.7 MILLION YEAR AGO
    * OUTLOOK 2020 : WILL INVEST IN THE DEVELOPMENT OF ITS SAINT
JEAN
BRAND BY INCREASING ITS ADVERTISING INVESTMENTS AT THE NATIONAL
LEVEL TELEVISION AND ON THE NET
    * FY REVENUE EUR 81.5 MILLION VERSUS EUR 74.2 MILLION YEAR
AGO
    * COMPANY WILL SEEK ACQUISITIONS IN THE AGRI-FOOD SECTOR
    * ON CORONAVIRUS IMPACT : VERY SHARP RISE IN ABSENTEEISM
WITH AN
IMPACT ON PRODUCTION CAPACITY
    * OUTLOOK 2020 : HOPES TO BE ABLE TO CONTINUE THE
CONSTRUCTION OF
THE EXTENSION OF THE PLANT IN ROMANS, STARTING WITH THE
LOGISTICS BASE AND THE NEW FRESH PASTA FACTORY

Source text for Eikon:  ID:nACT62782 
Further company coverage:  SABL.PA 

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