Brief: Wedia FY Current Operating Profit Up At 1.6 Million Euros

Wedia SA

18/03/2021 18:01

March 18 (Reuters) - WEDIA SA  ALWED.PA :
    * FY NET INCOME GROUP SHARE TRIPLED BETWEEN 2019 AND 2020
AND
AMOUNTS TO € 911,000
    * PROPOSES DIVIDEND OF EUR 0.34 PER SHARE
    * END-FY AMOUNT OF CASH FLOW FROM OPERATIONS IS 2,993 K €
    * FY CURRENT OPERATING PROFIT EUR 1.6 MILLION  MILLION
VERSUS EUR
0.7 MILLION YEAR AGO
    * BY 2024, WEDIA, WHICH DOUBLED ITS TURNOVER BETWEEN 2016
AND
2020, IS ONCE AGAIN TARGETING A DOUBLING OF ACTIVITY, WHILE
MAINTAINING ITS EBITDA AROUND 20%
    * FOR 2021, OUTLOOK FOR END TO PANDEMIC CRISIS AND
SLOWER-THAN-EXPECTED ECONOMIC RECOVERY SUGGESTS A CONSOLIDATION
OF ACTIVITY AND PROFITABILITY
    * GROUP REMAINING PROACTIVE ON EXTERNAL GROWTH OPPORTUNITIES
    * FY REVENUE EUR 15.7 MILLION VERSUS EUR 11.0 MILLION YEAR
AGO

Source text: https://bit.ly/2OEoYbO
Further company coverage:  ALWED.PA 

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