Brief: Synergie FY Recurring Operating Profit Down At 121.7 Million Euros

Synergie SE

01/04/2020 18:39

April 1 (Reuters) - SYNERGIE SE  SDGI.PA :
    * FY FINANCIAL UPDATE
    * FY NET INCOME EUR 63.4 MILLION VERSUS EUR 82.5 MILLION
YEAR AGO
    * FY RECURRING OPERATING PROFIT EUR 121.7 MILLION VERSUS EUR
128.4
MILLION YEAR AGO
    * AT END-FEBRUARY 2020, GROUP TURNOVER WAS AT THE SAME LEVEL
AS IN
2019
    * A FORTHCOMING EXECUTIVE BOARD WILL DECIDE ON A DIVIDEND
AMOUNT
IN MAY
    * ON CORONAVIRUS: HAS DECIDED NOT TO GIVE A BUSINESS
OUTLOOK,
PENDING BETTER VISIBILITY
    * AT DEC 31, 2019 CASH POSITION NET OF ANY DEBT OF €161
MILLION
(INCLUDING AVAILABLE CICE RECEIVABLES)
    * AT DEC 31, 2019 SHAREHOLDERS' EQUITY OF €544.7 MILLION
    * WITH CASH POSITION AND POSSIBILITY OF SELLING CICE
RECEIVABLES
ON ASSETS SIDE OF BALANCE SHEET (€123 MILLION), SYNERGIE REMAINS
CONFIDENT IN ABILITY TO WEATHER CRISIS

Source text: https://bit.ly/2US6EuP
Further company coverage:  SDGI.PA 

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