Brief: Vetoquinol FY EBITDA Up At 119.3 Million Euros

Vetoquinol SA

24/03/2022 06:47

March 24 (Reuters) - Vetoquinol SA  VETO.PA :
    * FY NET PROFIT ROSE 226.9 PERCENT TO 63 MILLION EUR
    * FY SALES ROSE 21.9 PERCENT TO 521 MILLION EUR
    * FY EBIT BEFORE DEPRECIATION OF ACQUIRED ASSETS: €101M (UP
54.5%)
    * WILL PROPOSE A DIVIDEND OF EUR 0.80 PER SHARE TO ANNUAL
GENERAL
MEETING OF SHAREHOLDERS ON MAY 19(TH), 2022
    * EBITDA INCREASED EUR 35.4 MILLION TO EUR 119.3 MILLION AT
DECEMBER 31, 2021
    * END FY CASH FLOW FROM OPERATING ACTIVITIES AMOUNTED TO
€89.7
MILLION AT DECEMBER 31, 2021.
    * AT THIS STAGE OF WAR IN UKRAINE, CO HAS LOW EXPOSURE
BECAUSE:
LABORATORY HAS NO DIRECT PRESENCE (SUBSIDIARY, BRANCH, PLANT,
WORKFORCE) IN THESE TWO COUNTRIES
    * AT THIS STAGE OF WAR IN UKRAINE, CO HAS LOW EXPOSURE
BECAUSE:
SALES IN RUSSIA AND UKRAINE ARE LESS THAN 1% OF GROUP SALES
    * AT THIS STAGE OF WAR IN UKRAINE, CO HAS LOW EXPOSURE
BECAUSE:
NET TRADE RECEIVABLES ARE LESS THAN 1% OF TOTAL RECEIVABLES. FEW
PURCHASES ARE MADE FROM THESE TWO COUNTRIES

Source text for Eikon:  urn:newsml:reuters.com:*:nBw3GQd5ga
Further company coverage:  VETO.PA 

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