Brief: Vetoquinol FY EBITDA Up At 65.4 Million Euros

Vetoquinol SA

26/03/2020 07:17

March 26 (Reuters) - VETOQUINOL SA  VETO.PA :
    * FY SALES ROSE 7.6 PERCENT TO 396 MILLION EUR
    * FY NET INCOME GROUP SHARE: EUR 28.6M (7.2% OF SALES)
    * FY NET INCOME GROUP SHARE EUR 28.6M (-EUR 7.7M)
    * FY EBITDA EUR 65.4 MILLION VERSUS EUR 60.4 MILLION YEAR
AGO
    * VETOQUINOL HAS CONFIRMED ITS ELIGIBILITY FOR THE FRENCH
PEA-PME
PERSONAL EQUITY PLAN
    * FY TOTAL SALES EUR 396.0 MILLION VERSUS EUR 367.9 MILLION
YEAR
AGO
    * ON CORONAVIRUS: CONSIDERS THAT Q2 2020 SALES AND RESULTS
WILL BE
NEGATIVELY IMPACTED
    * ON CORONAVIRUS: GROUP’S FINANCIAL STRUCTURE IS SOUND; THE
NET
CASH AVAILABLE WILL BE SUFFICIENT TO WEATHER THIS CRISIS
    * TOTAL GROUP NET CASH STOOD AT EUR 72.4M AT DECEMBER 31,
2019
    * BOARD WILL SUBMIT A DRAFT DIVIDEND AMOUNTING TO EUR 0.48
PER
SHARE TO THE MAY 26, 2020 SHAREHOLDERS MEETING
    * BOARD OF DIRECTORS MAY HOWEVER OPT TO MODIFY THIS DIVIDEND
PRIOR
TO THE ANNUAL SHAREHOLDERS’ MEETING UNDER THE COVID-19 CONTEXT

Source text for Eikon:  ID:nBw8nytmra 
Further company coverage:  VETO.PA 

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