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LDC: targets underlying OI of E200m

(CercleFinance.com) - FY 2018-2019 sales came in at 4,123.
7 million euros (March 2018 to February 2019) against 3,827.4 million euros a year ago, representing growth of 7.7%.

At a constant consolidation scope, sales rose by 3.4% to 3,957.3 million euros. The group said that all divisions reported growth. Volumes sold rose by 6.9% (+1.5% at a constant consolidation scope).

Underlying operating income came in at 190.1 million euros, versus 184.7 million euros, up 2.9%, representing 4.6% of total sales. Net income, group share amounted to 148.7 million euros, up 5.7%.

LDC targets 2019-2020 underlying operating income of 200 milion euros, up around 5%.



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