May 7, 2020 / 3:46 PM / a month ago

BRIEF-Hiolle Industries FY Net Income Group Share Down At 1.9 Million Euros

May 7 (Reuters) - Hiolle Industries SA

* FY EBITDA EUR 7.5 MILLION VERSUS EUR 6.9 MILLION YEAR AGO

* FY NET INCOME GROUP SHARE EUR 1.9 MILLION VERSUS EUR 3.5 MILLION YEAR AGO

* END-DEC SHAREHOLDERS’ EQUITY AMOUNTS TO EUR 32.4 MILLION AND DEBT RATIO IS ONLY 1.6%

* NO DIVIDEND DISTRIBUTION WILL BE PROPOSED AT AGM

* END-DEC FINANCIAL DEBT EUR 10.6 MILLION VERSUS EUR 8.2 MILLION YEAR AGO

* ALL GROUP’S FORCES ARE MOBILIZED TO PREPARE FOR FULL RECOVERY OF INDUSTRIAL ACTIVITIES FROM H2 2020

* HEALTH CRISIS WILL LEAD TO DECLINE IN SALES IN 2020, HOWEVER, GROUP BENEFITS FROM LARGE ORDER BOOK (MORE THAN EUR 98 MILLION) Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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