FY 20 EBIT in line with estimates
Adj. EBIT was in line with management pre-announcement at EUR24.8m down from EUR34m the previous year reflecting the volume shortfall resulting from delays in onsite services in both nuclear and non-nuclear activities.
Expleo dragging net profit
Net profit turned negative at -EUR21m vs. our EUR7m estimate due to worse than expected contribution from equity-accounted Expleo due to reduced demand in automotive and aerospace end markets. A restructuring plan i ....

17 Mar 2021
FY 20 results post view

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FY 20 results post view
- Published:
17 Mar 2021 -
Author:
Lahmidi Mourad ML -
Pages:
6 -
FY 20 EBIT in line with estimates
Adj. EBIT was in line with management pre-announcement at EUR24.8m down from EUR34m the previous year reflecting the volume shortfall resulting from delays in onsite services in both nuclear and non-nuclear activities.
Expleo dragging net profit
Net profit turned negative at -EUR21m vs. our EUR7m estimate due to worse than expected contribution from equity-accounted Expleo due to reduced demand in automotive and aerospace end markets. A restructuring plan i ....