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SIOE - Sioen Industries NV News Story

€27 0.0  0.0%

Last Trade - 09/04/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £459.1m
Enterprise Value £532.3m
Revenue £442.7m
Position in Universe 329th / 848

BRIEF-Sioen Industries H1 Operating Result Up At 21.6 Million Euros

Fri 4th September, 2020 4:54pm
Sept 4 (Reuters) - Sioen Industries NV  SIOE.BR :
    * OVER FIRST 6 MONTHS OF 2020 SIOEN INDUSTRIES REALIZED NET
SALES
OF EUR 250.5 MILLION COMPARED TO EUR 264.7 MILLION OVER SAME
PERIOD LAST YEAR OR A DECREASE OF 5.4%
    * GROUP HAS EUR 59.4 MILLION OF CASH AVAILABLE ON ITS
BALANCE
SHEET
    * ON TOP OF THAT, THE GROUP HAS EUR 43.7 MILLION OF READILY
AVAILABLE COMMITTED CREDIT FACILITIES AT ITS DISPOSAL
    * FINANCIAL RESULT OF THE GROUP DECREASED FROM EUR -0.4
MILLION
LAST YEAR TO EUR -0.8 MILLION IN THE FIRST HALF OF 2020
    * OPERATING RESULT EVOLVES FROM EUR 19.4 MILLION LAST YEAR
TO EUR
21.6 MILLION IN THE FIRST HALF OF 2020
    * COMPANY RECORDED EUR 15.9 MILLION PROFIT OVER THE FIRST
HALF OF
2020 AGAINST EUR 13.0 MILLION OVER THE FIRST HALF OF 2019, OR AN
INCREASE WITH 22.3%
    * WE EXPECT MARKET DYNAMICS TO REMAIN CHALLENGING IN THE
SECOND
HALF OF 2020

Source text for Eikon:  ID:nNDL7cFdhz 
Further company coverage:  SIOE.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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