Gruppo Coin S.P.A.: Full Year Results 2009 (1 February 2009 - 31 January 2010).
Total building sales amount to 1,257.6 million Euro (+7.2% compared to the previous year). Net sales amount to 1,197.8 million Euro, +4.6% compared to the same period of the previous year.
EBITDA stands at 149.5 million Euro (12.5% on net sales) increased of +11.9% compared to the previous year.
Net result is positive for 44.3 million Euro (3.7% on net sales) increased of +16% compared to the same period of the previous year when it was 38.2 million Euro.
Positive net cash flow of 34.4 million Euro (it was negative for 57.5 million Euro in 2008). Net financial debt amounts to 347.6 million Euro; excluding Upim S.r.l. acquisition it would be 264.4 million Euro.
Upim conversion plan advances quickly: 16 OVS industry and 3 Coin stores already re-opened. First sales results of 19 conversions are beyond expectation. Refurbishing works started for other 16 stores which will re-open with OVS industry and Coin format in May.
1 February - 13 April: sales increased compared to the same period of last year.
Analysts' Consensus
Gruppo Coin share price
IR Contacts
Nicola Perin
Gruppo Coin Spa
Investor Relations Manager
Tel. 0039.041.239.9909
Eugenio Barbarini
Gruppo Coin Spa
Investor Relations