Finance
03/04/21
2020 annual results
● FY’20 Net sales of €1 585 m, -24% vs. FY’19 (-24% like for like*)
● Recurring operating income at €85 m (5.4%) vs. €149 m (7.1%) in 2019
● EBITDA* at €120 m (7.6%) vs. €186 m in 2019
● Net income group part at €40 m vs. €96 m in 2019
● Net debt* at €40 m, gearing* at 6%
● Dividend payment proposition at €0,60 per share
● Anticipation of an increase in sales for 2021 of more than +15% compared to 2020
● Outlook of an increase in 2021 recurring operating profit of around 40 basis points
The year 2020 has been a difficult year, full of contrasts and many transformations.
Michel Denis, President & CEO