FY 20 results ahead of expectations
Chargeurs posted FY EBITDA of EUR102m, up 70%, coming 7% ahead of consensus. FY adj. EBIT was up 91.5% at EUR79.3m, tracking 4% above consensus. This performance was driven by the strong contribution from Chargeurs Healthcare Solutions and the recovery of protective films toward the end of the year.
Strong contribution from CHS, legacy divisions absorbing the shock relatively well
The group posted a record high EBIT margin of 9.6%, driven by the contribut ....
18 Feb 2021
Solid FY results, ambitious strategic plan
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Solid FY results, ambitious strategic plan
Chargeurs SA (CRI:PAR) | 0 0 1.1% | Mkt Cap: 594.0m
- Published:
18 Feb 2021 -
Author:
Lahmidi Mourad ML -
Pages:
6
FY 20 results ahead of expectations
Chargeurs posted FY EBITDA of EUR102m, up 70%, coming 7% ahead of consensus. FY adj. EBIT was up 91.5% at EUR79.3m, tracking 4% above consensus. This performance was driven by the strong contribution from Chargeurs Healthcare Solutions and the recovery of protective films toward the end of the year.
Strong contribution from CHS, legacy divisions absorbing the shock relatively well
The group posted a record high EBIT margin of 9.6%, driven by the contribut ....