Brief: Roularta Media Group FY EBITDA Up At 23.0 Million Euros

Roularta Media NV

06/03/2020 07:37

March 6 (Reuters) - ROULARTA MEDIA GROUP NV  RLRT.BR :
    * FY EBITDA ALMOST QUADRUPLED TO € 23.0 MILLION (+ € 16.7
MILLION)
COMPARED TO LAST YEAR
    * WILL PROPOSE TO THE GENERAL MEETING THE DISTRIBUTION OF A
GROSS
DIVIDEND OF € 0.50 PER SHARE FOR THE FULL YEAR 2019
    * FY NET RESULT ATTRIBUTABLE TO SHAREHOLDERS IS € 10.9
MILLION OR
€ 0.87 PER SHARE
    * COMPARED TO 2018, REVENUE INCREASED BY 6.8% OR € 18.8
MILLION TO
€ 295.8 MILLION IN 2019
    * OUTLOOK FOR SUBSCRIPTION INCOME IN 2020 REMAINS POSITIVE
    * FY EBITDA EUR 23.0 MILLION VERSUS EUR 6.3 MILLION YEAR AGO
    * CASH FLOW FROM OPERATIONAL ACTIVITIES INCREASED BY € 22.6
MILLION TO € 29.6 MILLION IN 2019
    * THERE ARE LARGE FLUCTUATIONS FROM MONTH TO MONTH AND LATE
BOOKINGS, YIELDING INSUFFICIENT VISIBILITY TO MAKE POSSIBLE A
FORECAST FOR 2020
    * TOTAL CONSOLIDATED INVESTMENTS IN 2019 AMOUNT TO € 9.6
MILLION
COMPARED TO € 39.9 MILLION IN 2018
    * AN ADDITIONAL LITHOMAN MAGAZINE PRESS WILL BECOME
OPERATIONAL IN
NOVEMBER, WHICH SHOULD ENSURE THAT THE CURRENT CASH FLOWS
CONTINUE WITH AN ESTIMATED € 0.6 MILLION ANNUAL DEPRECIATION

Source text for Eikon:  ID:nNDL1hzzrC 
Further company coverage:  RLRT.BR 

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