Brief: Vicat Q1 Sales Up At EUR 615 Mln, Expects Decrease In EBITDA Over Full Year

Vicat SA

05/05/2020 17:03

May 5 (Reuters) - Vicat SA  VCTP.PA :
    * Q1 SALES 615.5 MILLION EUR
    * VICAT: FIRST-QUARTER 2020 SALES
    * LIMITED IMPACT FROM COVID-19 OVER QUARTER AS A WHOLE, BUT
SIGNIFICANT EFFECTS IN FRANCE, ITALY AND INDIA AT END OF PERIOD
    * POSITIVE PRICE TRENDS OVERALL
    * CONSOLIDATED SALES UP +2.6% IN FIRST THREE MONTHS OF YEAR,
STABLE AT CONSTANT SCOPE AND EXCHANGE RATES (+0.2%)
    * IN THE FIRST THREE MONTHS OF 2020, THE VICAT GROUP’S
CONSOLIDATED SALES CAME TO €615.5 MILLION
    * GROUP EXPECTS A DECREASE IN EBITDA OVER FULL YEAR.
    * LIMITED IMPACT FROM COVID-19 OVER QUARTER AS A WHOLE, BUT
SIGNIFICANT EFFECTS IN FRANCE, ITALY AND INDIA AT END OF PERIOD
    * AT 31 MARCH 2020, GROUP'S SHAREHOLDERS' EQUITY WAS EUR
2,486
MILLION AND NET DEBT STOOD AT EUR 1,394 MILLION, FROM EUR 1,410
MILLION AT 31 MARCH 2019
    * FULL YEAR IMPACT OF DECREASE IN FUEL PRICES (EXCLUDING
VOLUME
EFFECT) IS EXPECTED TO BE AROUND EUR 23 MILLION.

Source text for Eikon:  ID:nBw6XWrMja 
Further company coverage:  VCTP.PA 

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