Brief: Trigano FY Operating Income Down At EUR 341.2 Mln

Trigano SA

29/11/2022 17:08

Nov 29 (Reuters) - Trigano SA  TRIA.PA :
    * FY TURNOVER OF 3.2 BILLION EUROS (+8.3%)
    * IMPROVEMENT IN THE DELIVERY OF ROLLING BASES WILL ENABLE
AN
INCREASE IN PRODUCTION IN TRIGANO'S FACTORIES THAT WILL BE FELT
PROGRESSIVELY AT THE END OF 2022
    * FY TRIGANO ACHIEVED A RECORD NET PROFIT OF 278.5 MILLION
EUROS
(+24.9%)
    * EXECUTIVE BOARD WILL PROPOSE PAYMENT OF A GROSS DIVIDEND
OF 3.50
PER ORDINARY SHARE IN RESPECT OF THE FINANCIAL YEAR ENDING 31
AUGUST 2022
    * FY OPERATING INCOME EUR 341.2 MILLION VERSUS EUR 358.0
MILLION
YEAR AGO
    * INFLATIONARY ENVIRONMENT IS LIKELY TO IMPACT THE LEVEL OF
DEMAND
    * TRIGANO WILL REMAIN PARTICULARLY ATTENTIVE TO EVOLUTION OF
ITS
PRICES
    * CAPACITY OF ITS SPANISH DIVISION WILL BE GRADUALLY
INCREASED TO
4,000 UNITS THANKS TO THE COMPLETION OF THE CONSTRUCTION OF A
NEW BUILDING AND THE MODERNISATION OF A PRODUCTION LINE

Source text for Eikon:  ID:nNDL9pd6MD 
Further company coverage:  TRIA.PA 
 (Reporting by Jean Rosset)
 ((Jean.Rosset@thomsonreuters.com;))