Brief: Wedia Proposes Dividend At 0.34 Euros Per Share

Wedia SA

24/03/2022 17:50

March 24 (Reuters) - Wedia SA  ALWED.PA :
    * FY REVENUE EUR 15.7 MILLION VERSUS EUR 15.7 MILLION YEAR
AGO
    * FY NET INCOME EUR 1.1 MILLION VERSUS EUR 1.0 MILLION YEAR
AGO
    * FY RECURRING OPERATING INCOME EUR 1.4 MILLION VERSUS EUR
1.6
MILLION YEAR AGO
    * END-FY AMOUNT OF CASH FLOW GENERATED BY THE ACTIVITY IS
POSITIVE
OF EUR 4.2M
    * CONFIRMS OBJECTIVES
    * AVAILABLE CASH INCREASED BY 1.7 MEUR OVER THE YEAR TO 7.5
MEUR
    * PROPOSED DIVIDEND AT EUR 0.34 PER SHARE
    * WEDIA HAS ALSO JUST GAINED A FOOTHOLD IN THE UNITED
KINGDOM WITH
THE SIGNING OF A MAJOR PLAYER IN THE DISTRIBUTION OF AUTOMOTIVE
PARTS
    * DURING THE YEAR, THE GROUP REPAID EUR 0.9 MILLION IN
FINANCIAL
DEBT (INCLUDING THE LAST TRANCHE OF CONVERTIBLE BONDS), AND PAID
EUR 0.3 MILLION IN DIVIDENDS TO ITS SHAREHOLDERS

Source text for Eikon:  ID:nACT73679 
Further company coverage:  ALWED.PA 

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