(Boursier.com) — The Group’s 2021 revenue DNXCorp amounted to 20.86 million euros, up 3.1% compared to 2020 (20.25 ME). In the 2nd half, DNXCorp benefited from the dynamic recruitment of new customers during the 2020 and 2021 confinement periods, the majority of these new users having remained loyal to the services. This positive momentum is partly masked, in the 1st half of 2021, due to the loss of revenue linked to the sale of the meetings and VOD activities carried out at the end of the 1st half of 2020.
The operating profit for the financial year confirms the increase observed in the 1st half, with growth of +26.4% compared to the 2020 financial year, to 4.02 ME. Profitability is strengthening, at 19.3% of turnover (15.7% in 2020).
The strong change in the financial result contributes to the positive change in the net result, which stands at +4.58 ME, up 93.8% compared to the 2020 financial year (+2.36 ME). Net profitability from continuing operations increased to 22% of revenue (11.7% in 2020).
Cash less current financial liabilities stood at €8 million as of December 31, 2021. The DNXCorp Group remains free of any bank loan.
Outlook
The containment measures introduced in Europe have on the whole been beneficial to the activity, making it possible to boost the recruitment of new customers. The Group notes, however, that the major easing of general health restrictions since the beginning of the year has put an end to this dynamic, bringing the recruitment of new customers to more traditional levels, and leading to a slight drop in sales since the beginning of the month of March.
Dividend
DNXCorp will propose to the General Meeting a dividend of 0.94 euros for the 2021 financial year. After the exceptional interim dividend of 0.47 euro, paid on November 9, 2021, DNXCorp will distribute a balance of dividend of 0. 47 euro per share, beginning of June 2022.