Brief: Groupe LDC H1 Operating Income Up At EUR 103.1 Mln

Societe Ldc SA

24/11/2021 17:19

Nov 24 (Reuters) - SOCIETE LDC SA  LOUP.PA :
    * H1 REVENUES EUR 2.40 BILLION VERSUS EUR 2.12 BILLION YEAR
AGO
    * H1 NET RESULT GROUP SHARE EUR 80.1 MILLION VERSUS EUR 66.6
MILLION YEAR AGO
    * H1 OPERATING RESULT EUR 103.1 MILLION VERSUS EUR 89.7
MILLION
YEAR AGO
    * OUTLOOK: OUTCOME OF NEGOTIATIONS WITH CUSTOMERS AND THE
SUCCESS
OF THE END-OF-YEAR FESTIVITIES WILL BE DECISIVE FACTORS IN
ACHIEVING A CURRENT OPERATING PROFIT OF AROUND 200 MILLION
EQUIVALENT TO THAT ACHIEVED TWO YEARS AGO
    * END-H1 SHAREHOLDERS' EQUITY AMOUNTED TO € 1,586.5 MILLION
COMPARED TO € 1,521.4 MILLION AS OF FEBRUARY 28, 2021
    * END-H1 NET CASH AMOUNTED TO € 116.7 MILLION
    * IN A CONTEXT MARKED BY AN UNPRECEDENTED RISE IN THE PRICE
OF RAW
MATERIALS AND CHARGES FURTHER PRICE INCREASES OF AROUND 9% ARE
ESSENTIAL TO MAINTAIN THE BALANCE OF THE OF THE SECTORS
    * END-H1 AMOUNT OF INVESTMENTS PLANNED BY THE GROUP FOR THE
CURRENT YEAR AMOUNTS TO € 220 MILLION

Source text: https://bit.ly/3xmCrHa
Further company coverage:  LOUP.PA 

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