Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Fluidra, S.A.    FDR   ES0137650018

FLUIDRA, S.A.

(FDR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Fluidra S A : continues its positive trend and announces a dividend distribution of 0.21 euros per share

09/08/2020 | 02:24pm EST
  • The Company’s Board of Directors has approved the distribution of an interim cash dividend which amounts to about 41 million euros.
  • The decision was taken following continued favorable trading and solid outlook for 2020.
  • The payment will be made on October 27.

September 8, 2020 Fluidra, global leader in the pool and wellness equipment sector, continues its strong year and has announced an interim cash dividend distribution from its 2020 financial year earnings in the gross amount of 0.21 euros per share. The payment, which stands to almost 41 million euros, will be made on October 27.

The return to dividend distribution was in the company’s plans following strong cash generation and deleverage during 2019. However, due to the coronavirus outbreak, Fluidra decided to put it on hold in Q1 as part of the measures introduced with the aim of ensuring the company’s continued strength.

Now, given the maintained favorable trading environment and solid outlook for the rest of the year, Fluidra’s Board of Directors has made the decision, during its meeting held today, to resume the dividend distribution.  

“Since the beginning of the crisis we have been monitoring the situation, prioritizing the safety of our employees and business partners. We have shown a strong capacity to react in difficult times and proved the resilience of our business with an outstanding performance”, said Fluidra’s Executive Chairman, Eloi Planes. “The return to the dividend distribution is another step forward for the company and its promising future.”

Continued growth despite hard times

Fluidra has had a very positive year despite the pandemic, with accelerating organic growth as well as completing several acquisitions to further strengthen its position as global leader.

The company closed the first half of the year with double-digit growth in sales for the months of May and June, boosted by the underlying demand that re-emerged once lockdown measures began to be lifted. The global leader in the pool and wellness equipment business ended the first six months of the year with EBITDA up 10% to 169.4 million euros and a 2.4% rise in sales to 771.3 million euros. This trend continued into Q3 with July’s sales figures showing double digit growth.

About Fluidra
Fluidra, a Spanish listed firm, is the global leader in the pool and wellness equipment business. It provides innovative products, services and Internet of Things solutions. The company operates in over 45 countries and owns a portfolio of some of the industry’s most recognized and trusted brands, including Jandy®, AstralPool®, Polaris®, Cepex®, Zodiac®, CTX Professional® and Gre®.
To learn more about Fluidra, visit www.fluidra.com.  

Press contacts:

Sarah Estébanez, sestebanez@tinkle.es, +34 636 62 80 41
Xana Pena, xpena@tinkle.es, +34 674 73 47 82
Laura Gil, lgil@tinkle.es, +34 673 63 631 814

Attachments

  • NP_Dividend_EN_ok
  • NP_Dividend_EN_ok

Fluidra_logo_RGB_azul.png

Source: FLUIDRA

2020 GlobeNewswire, Inc., source Press Releases

All news about FLUIDRA, S.A.
01/21FLUIDRA S A : new sponsor of Club Natació Terrassa
PU
01/20FLUIDRA S A : Joh. Berenguer, Gossler & Co. KG and BofA Securities Europe SA ann..
PU
01/20FLUIDRA S A : On significant placements in financial instruments 6
PU
01/20FLUIDRA S A : On significant placements in financial instruments 5
PU
01/20FLUIDRA S A : On significant placements in financial instruments 4
PU
01/13FLUIDRA S A : expands industry-leading product offering with acquisition of Buil..
PU
01/07FLUIDRA S A : Periodic information on Liquidity Agreement
PU
2020FLUIDRA S A : Sixth Novation of the Fluidra Share and Voting Syndication Agreeme..
PU
2020FLUIDRA S A : reinforces its international presence with a new project in Egypt
PU
2020FLUIDRA S A : sees further sales growth in 2021 after boom year for pools
RE
More news
Financials
Sales 2020 1 471 M 1 791 M 1 791 M
Net income 2020 93,4 M 114 M 114 M
Net Debt 2020 635 M 773 M 773 M
P/E ratio 2020 41,7x
Yield 2020 1,21%
Capitalization 3 803 M 4 630 M 4 630 M
EV / Sales 2020 3,02x
EV / Sales 2021 2,83x
Nbr of Employees 5 355
Free-Float 33,9%
Chart FLUIDRA, S.A.
Duration : Period :
Fluidra, S.A. Technical Analysis Chart | FDR | ES0137650018 | MarketScreener
Technical analysis trends FLUIDRA, S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 18,49 €
Last Close Price 19,60 €
Spread / Highest target 25,0%
Spread / Average Target -5,65%
Spread / Lowest Target -37,5%
EPS Revisions
Managers and Directors
NameTitle
Eloy Planes Corts Executive Chairman, Co-CEO & Executive President
Bruce Walker Brooks Co-Chief Executive Officer & Executive Director
Joe Linguadoca General Manager-Operations
Javier Tintoré Segura Chief Financial Officer
Bernat Garrigós Castro Director
Sector and Competitors
1st jan.Capitalization (M$)
FLUIDRA, S.A.-6.44%4 630
ASSA ABLOY AB3.75%28 150
SAINT-GOBAIN13.60%27 623
MASCO CORPORATION4.72%14 984
BEIJING NEW BUILDING MATERIALS PUBLIC LIMITED COMPANY25.82%13 135
FORTUNE BRANDS HOME & SECURITY, INC.7.99%12 861