Inside & Regulated information - Summary of the official statement in French

BRUSSELS, March 27, 2020 /PRNewswire/ -- Emakina Group (Euronext GROWTH Bruxelles : ALEMK), leading international group of independent agencies, announces its 2019 annual results. Consolidated sales amounted to EUR 96,618,148 compared with EUR 92,389,601 in 2018, an increase of 4.6% (+4.2% at constant scope), boosted by 5.4% growth in activities outside Belgium.

Current profit under control and net result near break-even

The current profit before tax amounted to EUR 1,256,070 in 2019.

This may be attributed to the operating performance, and the increase in amortisation and write-downs, partly offset by a better financial result owing in particular to the fall in charges for the amortisation of goodwill.

Financial health

The group's financial health was maintained thanks to a net result close to zero, a level of financial indebtedness in line with the growth in activities and the availability of proportionate credit lines.

New business

Some major new clients: Allergan, Al Tayer Group, Arcelik, Basic-Fit, Beko, Brussels Expo, Chalhoub Group, Courrèges, Fluxys, FrieslandCampina, Gulf Marketing Group, Heineken Blade, Honda, Majid Al Futtaim Fashion, Moteo, Nike, Nuskin, Olympique de Marseille, Sodexo, Stockmann, Suitsupply, Sunweb, TVH, UnifiedPost, and VOO.

Continued acquisitions

The group further expands via external operations, in line with the strategy set out.

In October 2019, Emakina Group acquired 100% of the shares in Cloudworks Consulting DMCC, an innovative Cloud IT consultancy firm with offices in Dubai and 27 experts, through its subsidiary Emakina FZ‑LLC, based in Dubai. This confirms Emakina's ambition to be a sound partner in the Middle East.

Events after closure, outlook for 2020

The coronavirus pandemic will affect Emakina's economic performance from March 2020. This will be the subject of a specific communication at a later stage. The management has set in motion several precautionary measures to limit the impact of this pandemic on the group's margins and cash position.

Summary of the official French statement

www.emakina.group 

Frédéric Desonnay CFO Emakina Groupfds@emakina.com 


in evidenza
Smart working, soft skills Ripensare il lavoro post-Covid

Il rigoletto

Smart working, soft skills
Ripensare il lavoro post-Covid

Zurich Connect

Zurich Connect ti permette di risparmiare sull'assicurazione auto senza compromessi sulla qualità del servizio. Scopri la polizza auto e fai un preventivo


RICHIEDI ONLINE IL TUO MUTUO
Finalità del mutuo
Importo del mutuo
Euro
Durata del mutuo
anni
in collaborazione con
logo MutuiOnline.it
Testata giornalistica registrata - Direttore responsabile Angelo Maria Perrino - Reg. Trib. di Milano n° 210 dell'11 aprile 1996 - P.I. 11321290154

© 1996 - 2020 Uomini & Affari S.r.l. Tutti i diritti sono riservati

Per la tua pubblicità sul sito: Clicca qui

Contatti

Cookie Policy Privacy Policy

Affaritaliani, prima di pubblicare foto, video o testi da internet, compie tutte le opportune verifiche al fine di accertarne il libero regime di circolazione e non violare i diritti di autore o altri diritti esclusivi di terzi. Per segnalare alla redazione eventuali errori nell'uso del materiale riservato, scriveteci a segnalafoto@affaritaliani.it: provvederemo prontamente alla rimozione del materiale lesivo di diritti di terzi.