BIO UV: 2020 Annual Results - Good Start To 2021: Growth Of Over 20% In The 1st Quarter

2020 annual results
Annual growth of +61%, of which +25% organic
10.3% EBITDA margin, up 152%
Positive net income of €0.6m

Good start to 2021: growth of over 20% in the 1st quarter
Confirmation of annual guidance

 

BIO-UV Group (Euronext Growth® - FR001334549 - ALTUV), a specialist in water and surface treatment and disinfection, has published its 2020 annual results. Meeting on 7 April 2021, the Bio-UV Board of Directors approved the financial statements for the year ending 31 December 2020. The financial statement audit procedures have been carried out and the certification report is currently being issued by the statutory auditors. The 2020 annual report will shortly be available on the BIO-UV website, www.bio-uv.com, under “Documents” in the Investor's area.

 

Annual income statement at 31 December

Consolidated data1 in €m - French standards FY 2019
(12 months)
FY 2020
(12 months)
Change
Revenue 20.0 32.2 +61%
EBITDA 2 1.3 3.3 +152%
EBITDA margin 6.6% 10.3%  
Provisions for depreciation and amortisation 1.7 1.9  
Operating income (0.4) 1.4 n.a.
Financial income (0.2) (0.4)  
Extraordinary items (0.2) (0.4)  
Net income, Group share (0.4) 0.6 n.a.

Triogen has been consolidated since 1 October 2019 and integrated into the Land activity.

2 EBITDA: Operating income + Provisions for depreciation and amortisations net of reversals.

 

Strong momentum in 2020: Business growth of 61%, of which 25% organic

BIO-UV posted annual revenue of €32.2m in 2020, up a substantial 61% on 2019.

Despite the unprecedented crisis and the health restrictions imposed by the pandemic, the Group fully succeeded in integrating the Scottish company Triogen and posted strong organic growth of 25% (+44% in Maritime activities and +11% in Land activities) in 2020.

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Disclosure: Information in “The Felder Report” (TFR), including all the information on this website, comes from independent sources believed reliable but accuracy is not guaranteed and ...

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