GEVELOT S.A.
GEVELOT S.A.: AGM 2020 Press release
11-Jun-2020 / 18:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
GEVELOT S.A.
Limited company capitalised at 26,932,500 euros
Head office: 6, boulevard Bineau 92300 Levallois-Perret, France
562 088 542 R.C.S. NANTERRE
PRESS RELEASE - 11 JUNE 2020
The Annual General Meeting held on 11 June 2020 approved the Company's
financial statements and consolidated financial statements for the year
2019.
All the resolutions proposed by the Board of Directors have been adopted.
The consolidated revenue for the 2019 financial year, consisting mainly of
the Pumps Sector, the other sector relating to the real estate activity of
the Holding Company, amounted to EUR 103.7 million compared to EUR 94.2
million in 2018, up 10.1%. At constant scope and exchange rates, the
increase was 6.8%.
The net income accruing to Gévelot, the consolidating company, for the
financial year 2019 amounted to EUR 8.6 million in profit against a profit
of EUR 6.0 million in 2018.
The Gévelot parent company generated a net profit of EUR 3.1 million
compared to EUR 3.2 million, also a beneficiary in 2018.
It has been decided to pay a dividend set at EUR 1.60 per share as of June
19, 2020, compared to EUR 1.80 last year.
Significant negative impacts are expected for the year 2020 from the
Covid-19 health crisis, both on the commercial activity and profitability of
our Group.
Our ability to adapt and the efforts made by all of our employees in this
difficult context should nonetheless allow our Group to face the expected
difficulties.
Website Gévelot, Euronext Growth, Amf (Onde)
Regulatory filing PDF file
File: Gevelot AGM 2020 Press release [1]
Language: English
Company: GEVELOT S.A.
6 Boulevard Bineau
92300 LEVALLOIS-PERRET
France
Phone: +33 1 77 68 31 03
Fax: +33 1 77 68 31 05
E-mail: contact@gevelot-sa.fr
Internet: www.gevelot.fr
ISIN: FR0000033888
AMF Category: Inside information / News release on accounts, results
EQS News ID: 1067661
End of Announcement EQS News Service
1067661 11-Jun-2020 CET/CEST
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=80d05359da993d376a51086e2f29345e&application_id=1067661&site_id=vwd&application_name=news
(END) Dow Jones Newswires
June 11, 2020 12:00 ET (16:00 GMT)
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