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BRIEF-Groupe LDLC FY EBITDA rises to 17.9 million euros
June 8, 2017 / 4:34 PM / 3 months ago

BRIEF-Groupe LDLC FY EBITDA rises to 17.9 million euros

June 8 (Reuters) - GROUPE LDLC SA:

* FY REVENUE EUR 479.9 MILLION VERSUS EUR 320.7 MILLION YEAR AGO

* FY NET INCOME EUR 8.1 MILLION VERSUS EUR 7.9 MILLION YEAR AGO

* FY EBITDA EUR 17.9 MILLION VERSUS EUR 15.0 MILLION YEAR AGO

* REAFFIRMS ITS GOALS OF HITTING EUR 1 BILLION EURO REVENUE MARK, WITH EBITDA MARGIN BETWEEN 5.5 PCT AND 6 PCT, AND HAVING 100 STORES UP AND RUNNING BY 2021

* DECIDED TO BRANCH OUT INTO SPAIN THROUGH LAUNCH OF SPANISH VERSION OF LDLC.COM AND PILOT STORE IN BARCELONA BY END OF H2 2017/2018

* AGM ON SEPT 29, 2017 WILL BE ASKED TO APPROVE PROPOSAL THAT NO DIVIDEND BE PAID FOR THE FINANCIAL YEAR ENDED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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