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SMAR - Smartphoto NV News Story

€32.5 0.4  1.3%

Last Trade - 2:11pm

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £102.2m
Enterprise Value £101.4m
Revenue £52.1m
Position in Universe 527th / 845

BRIEF-Smartphoto Group FY Operating Income Up At 51.5 Million Euros

Tue 3rd March, 2020 7:11am
March 3 (Reuters) - SMARTPHOTO GROUP NV  SMAR.BR :
    * DOUBLE-DIGIT INCREASE IN OPERATING INCOME OF 10.6% FROM
EUR 46.6
MILLION IN 2018 TO EUR 51.5 MILLION IN 2019
    * PROPOSAL TO DISTRIBUTE GROSS DIVIDEND FOR 2019 OF EUR 0.55
PER
SHARE (OR INCREASE OF 10%)
    * FY NET RESULT IFRS 16 INCREASES FROM EUR 4.1 MILLION IN
2018 TO
EUR 6.9 MILLION IN 2019
    * INCOME TAX EVOLVED FROM EUR -0.5 MILLION IN 2018 TO EUR
2.1
MILLION IN 2019
    * WILL CONTINUE TO FOCUS ON GROWTH IN 2020
    * BALANCE SHEET TOTAL INCREASED BY EUR 12.1 MILLION TO EUR
64.2
MILLION AS AT 31 DEC 2019
    * IMPACT OF COVID-19 VIRUS OUTBREAK WAS EVALUATED, BUT FOR
THE
TIME BEING WE EXPECT NO NEGATIVE IMPACT ON 2020 OUTLOOK
    * DEFERRED TAX ASSETS INCREASED FROM EUR 6.9 MILLION AS AT
31 DEC
2018 TO EUR 9.4 MILLION AS AT 31 DEC 2019
    * LONG-TERM AND SHORT-TERM INTEREST-BEARING FINANCIAL
LIABILITIES
AMOUNTED TO EUR 4.2 MLN AS AT DEC 31, 2019

Source text: https://bit.ly/32OC7Se
Further company coverage:  SMAR.BR 

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