Brief: Lalique FY Net Group Profit At EUR 1.1 Mln

Lalique SA

16/04/2020 06:06

April 16 (Reuters) - LALIQUE GROUP SA  LLQ.S :
    * FY INCREASED GROUP OPERATING REVENUE BY 5% YEAR-ON-YEAR TO
EUR
143.5 MILLION
    * FY EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF EUR 1.4
MILLION
IN 2019
    * FY NET GROUP PROFIT WAS EUR 1.1 MILLION COMPARED WITH EUR
5.2
MILLION IN PREVIOUS YEAR.
    * PROPOSES TO SHAREHOLDERS THAT NO DIVIDEND BE DISTRIBUTED
FOR
2019 FINANCIAL YEAR
    * EXPECTS ITS RESULTS FOR CURRENT YEAR TO BE ADVERSELY
AFFECTED BY
COVID-19 SITUATION
    * CURRENTLY EXPECTS THAT ACHIEVEMENT OF MID TERM TARGETS
WILL BE
DELAYED, DEPENDING ON HOW MARKETS RECOVER FROM CURRENT CRISIS
    * EXPECTS ITS BUSINESS OPERATIONS TO BE ADVERSELY AFFECTED
DURING
REMAINDER OF YEAR

Source text for Eikon:  ID:nEQc4rsYfa 
Further company coverage:  LLQ.S 

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