Brief: Vilmorin & CIE FY Net Income Group Share Up At EUR 92.3 Mln

Vilmorin & Cie SA

13/10/2021 17:08

Oct 13 (Reuters) - Vilmorin & Cie SA  VILM.PA :
    * FY 2020/2021 NET PROFIT EUR 93.4 MILLION VERSUS EUR 67.5 MILLION YEAR AGO
    * FY EBITDA EUR 367.2 MILLION VERSUS EUR 347.9 MILLION YEAR AGO
    * FY NET INCOME GROUP SHARE EUR 92.3 MILLION VERSUS EUR 66.2 MILLION YEAR
AGO 
    * NET OF CASH AND CASH EQUIVALENTS (280.5 MILLION EUROS), TOTAL NET
FINANCIAL
INDEBTEDNESS CAME TO 867.4 MILLION EUROS ON JUNE 30, 2021 COMPARED WITH 933.5
MILLION EUROS ON JUNE 30, 2020
    * GROUP'S SHARE OF EQUITY STOOD AT 1,281.2 MILLION EUROS AND MINORITY
INTERESTS AT
47.8 MILLION EUROS
    * LEVERAGE ON JUNE 30, 2021 STOOD AT 2.4 COMPARED WITH 2.7 ON JUNE 30, 2020
    * HAS DECIDED TO PROPOSE TO ANNUAL GENERAL MEETING OF SHAREHOLDERS OF
DECEMBER 10,
2021, A DIVIDEND OF 1.60 EUROS PER SHARE, A STRONG INCREASE (+60%) COMPARED WITH
PREVIOUS FISCAL YEAR
    * DIVIDENDS WILL BE DETACHED ON DECEMBER 13, 2021, WITH PAYMENT ON DECEMBER
15,
2021
    * OUTLOOK FOR 2021-2022: OBJECTIVE OF AT LEAST 4% IN BUSINESS GROWTH AND A
CURRENT
OPERATING MARGIN RATE OF AT LEAST 8.5%
    * AS OF OCTOBER 13, 2021, ÉDOUARD ROCHE HAS BEEN APPOINTED HEAD OF FINANCIAL
COMMUNICATION AND INVESTOR RELATIONS OF VILMORIN & CIE
    * FRANCK BERGER APPOINTED CEO OF VILMORIN & CIE AT BOARD MEETING HELD ON
OCTOBER
13, 2021
    * END-JUNE SALES FOR THE YEAR EUR 1.48 BILLION VERSUS EUR 1.44 BILLION YEAR
AGO


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