EXEL INDUSTRIES :2016-2017 first-half results : resilient income

PRESS RELEASE Paris, December 19, 2019
2018-2019 Full-Year Results
A year of transformation€776.7 million in sales, down 7.4%Current EBIT of €32.8 million, 4.2% of salesProvision for restructuring of Sugar Beet Harvesting and Agricultural Spraying activities as exceptional itemsSolid financial structure with €61.1 million in net debt or a 17.0% gearing ratio (net debt to shareholders’ equity) and leverage (net debt to EBITDA) of 1.47·Analysis of 2018-2019 results