ECA : 2019 results up, payment of a dividend of € 0.5/share
>2019 EBIT at € 9.6m (vs € 9.1m estimated), i.e. operating margin of 8.5% (+153bp) - ECA reported yesterday evening solid 2019 results. With € 112.5m in (previously reported) revenues, up 10% YOY, EBITDA increased by 43% to € 20.8m, thanks to strong improvement in the profitability of the Aerospace division (and +€ 1.9m IFRS 16 impact). EBIT stood at € 9.6m (vs. € 9.1m estimated), representing an operating margin of 8.5% (+153bp). Finally, attributable net profit cam...ECA Sa. ECA SA is a France-based company which designs and delivers robotic equipment and intelligent solutions for both civil and military application. The Company offers vehicles and crafts for detection, inspection and destruction of mines, inspection systems for nuclear power plants, control and command systems, as well as ground and land robots for anti-terrorist missions and others. ECA SA is split into three divisions: Robotics and Integrated Systems, Simulation and Aeronautics. The Company has several subsidiaries, including, ECA CSIP, ECA CNAI, ECA Faros and ECA Sindel, among others. As of December 31, 2011, ECA SA was 56.4%-owned by Groupe Gorge.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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