Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660
2020
SATISFACTORY PERFORMANCE IN A DIFFICULT CLIMATE
Sales revenue
(In thousands of euros)
2020 | 2019 | Change | Change at constant rate | |
First half-year Second half-year | 280 208 258 110 | 287 711 266 562 | -2.6% -3.2% | -2.5% +2.4% |
TOTAL | 538 318 | 554 273 | -2.9% | -0.1% |
Robertet's Board of Directors met on 23 February 2021 under the chairmanship of Mr Philippe MAUBERT and reviewed the Group's activity and its unaudited results for the 2020 financial year.
The Group's performance is in line with forecasts. The year 2020 was marked by the Covid 19, which was penalizing.
Sales have been impacted, even though Robertet has managed to maintain normal production activity, efficient customer service and operational Creation and Development departments over the period.
Robertet has shown solid resilience despite a significant drop in sales at Robertet Grasse (-9%), but with good stability at Robertet USA, significant growth at Robertet Asia (+16%) and promising development at the Health & Beauty division.
Costs were well controlled and the Gross Product Margin percentage improved thanks to the overall decrease in the price of raw materials purchased.
Current EBITDA is expected to be higher than in 2019.
Unaudited net profit is around €50 million lower than 2019 by 5%.
The final 2020 results will be published before April 30, 2021.