Brief: Villeroy & Boch FY Operating Consolidated EBIT At EUR 49.7 Mln

Villeroy & Boch AG

17/02/2021 09:07

Feb 17 (Reuters) - VILLEROY & BOCH AG  VIBG_p.DE :
    * 2020 FINANCIAL YEAR: CONSOLIDATED REVENUE OF EUR 800.9
MILLION,
DOWN ONLY -3.9 % ON PREVIOUS YEAR DESPITE COVID-19 PANDEMIC
    * FY OPERATING CONSOLIDATED EBIT: EUR 49.7 MILLION
    * FY GROUP RESULT: EUR 22.9 MILLION
    * FY RETURN ON NET OPERATING ASSETS: 14.7 %
    * WILL PROPOSE THAT UNAPPROPRIATED SURPLUS OF VILLEROY &
BOCH AG
BE USED TO DISTRIBUTE A DIVIDEND OF EUR 0.55 PER PREFERENCE
SHARE AND EUR 0.50 PER ORDINARY SHARE
    * OUTLOOK 2021: INCREASE IN CONSOLIDATED SALES OF BETWEEN 3
% AND
5 %
    * OPERATING EBIT IS EXPECTED TO IMPROVE BY PRESUMABLY 5 % TO
10 %
IN 2021
    * OUTLOOK 2021: MEANS THAT LEVEL OF 2019 WOULD ALREADY BE
EXCEEDED
IN CURRENT YEAR IN TERMS OF BOTH TURNOVER AND EARNINGS

Source text for Eikon:  ID:nEQbR8yXja 
Further company coverage:  VIBG_p.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))