DJ GEVELOT S.A.: PRESS RELEASE ANNUAL GENERAL MEETING 15 JUNE 2022
GEVELOT S.A. GEVELOT S.A.: PRESS RELEASE ANNUAL GENERAL MEETING 15 JUNE 2022 15-Jun-2022 / 17:43 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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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 - 15 JUNE 2022
The Annual General Meeting held on 15 June 2022 approved the Company's financial statements and consolidated financial statements for the year 2021.
All the ordinary and extraordinary resolutions proposed by the Board of Directors have been adopted.
The consolidated revenue for the 2021 financial year, consisting mainly of the Pumps Sector, the other sector relating to the real estate activity of the Holding Company, amounted to EUR 101.3 million compared to EUR 89.5 million in 2020, up 13.1%. At constant exchange rates, the increase was 12.9%.
The net income accruing to Gévelot, the consolidating company, for the financial year 2021 amounted to EUR 7.2 million in profit against a profit of EUR 1.0 million in 2020.
The Gévelot parent company generated a net profit of EUR 1.8 million compared to EUR 1.4 million, also a beneficiary in 2020.
It has been decided to pay a dividend set at EUR 3.00 per share as of June 20, 2022, compared to EUR 2.00 last year.
The recent geopolitical events in Eastern Europe lead us to be very cautious about our business prospects, even though our positions in this area are modest and if the activity of the Group for the first half of the year remains nevertheless sufficient.
However, the global international impact should be more penalising in economic and commercial terms for the rest of 2022 and the following years.
Our Group, which has been able to adapt to complicated international contexts, will once again prove its resilience and ability to adapt to difficult situations.
Website Gévelot, Euronext Growth, Amf (Onde)
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Regulatory filing PDF file File: GEVELOT - COMBINED GENERAL MEETING 15 JUNE 2022
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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
Euronext Ticker: ALGEV
AMF Category: Inside information / News release on accounts, results
EQS News ID: 1376663
End of Announcement EQS News Service
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1376663 15-Jun-2022 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1376663&application_name=news
(END) Dow Jones Newswires
June 15, 2022 11:44 ET (15:44 GMT)
