Brief: Vilmorin & Cie FY Sales Up At EUR 1.48 Bln

Vilmorin & Cie SA

02/08/2021 16:51

Aug 2 (Reuters) - Vilmorin & Cie SA  VILM.PA :
    * FY SALES 1.477 BILLION EUR
    * STRONG GROWTH IN SALES FOR THE FISCAL YEAR: +8%*, 
CONFIRMING
THE SOLID GROWTH IMPETUS OF ALL ITS BUSINESS ACTIVITIES
    * OUTLOOK FOR THE END OF 2020-2021: SUSTAINED INCREASE IN
THE
CURRENT OPERATING MARGIN RATE AND THE RESULTS COMPARED WITH
2019-2020
    * CAN CLEARLY CONFIRM A SUSTAINED INCREASE IN ITS CURRENT
OPERATING MARGIN RATE FOR FISCAL YEAR 2020-2021, WHICH SHOULD BE
CLOSE TO 9%, AFTER ACCOUNTING FOR RESEARCH INVESTMENT OF ALMOST
260 MILLION EUROS
    * OUTLOOK 2020/21: NET INCOME FOR FISCAL YEAR WILL BE
SIGNIFICANTLY HIGHER THAN THAT OF PREVIOUS FISCAL YEAR
    * IN 2019-2020, NET PROFIT WAS 67.5 MILLION EUR

Source text: https://bit.ly/2WMgxyJ
Further company coverage:  VILM.PA 

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