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smartphoto group – Annual results 2021

Maggy Van den Stock

PRESS RELEASE – Regulated information – Wetteren, March 3, 2022 – 7:45 a.m. – Euronext Brussels: SMAR

Smartphoto group grows further in 2021
Dividend proposal
  • Increase in revenue to 63.1 million euro compared to 61.4 million euro in the exceptionally strong year 2020 (+2.8%), and 51.5 million euro in 2019 (+22.5%).
  • The REBITDA amounts to 10.5 million euro in 2021 compared to 11.9 million euro in 2020 (-11.4%), and 8.8 million euro in 2019 (+19.5%).
  • Compound annual growth rate (CAGR) over the last 3 years of revenue is equal to 10.7%, and of the REBITDA is equal to 9.3%.
  • Net result amounts to 5.5 million euro in 2021 compared to 8.4 million euro in 2020.
  • Increase in net cash of 3.8 million euro (+28.6%) from 13.2 million euro in 2020 to 17.0 million euro in 2021, and this notwithstanding the dividend payment, the further purchase of treasury shares and the acquisition of Frucon² NV (Nayan).
  • Proposal to pay a gross dividend for 2021 of 0.65 euro per share (or an increase of 8.3%).

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