(Boursier.com) — The Board of Directors of Made SA met on October 21 to approve the accounts for the 2020/2021 financial year, ending on September 30, 2021. “The health crisis did not allow us to achieve the objectives we had set”, deplores the group. The export activity was strongly impacted. The DGA contract could not be finalized during this financial year. Despite these inconveniences, sales amounted to 7,627,376 euros, an increase of 1.9%, and operating income was 846,479 euros, an increase of 84%. Net profit amounted to 791,851 euros. Made SA’s shareholders’ equity is now 4,446,485 euros, without long-term debt. Cash at September 30 amounted to 804,555 euros. The GM of December 17 authorized the payment of a dividend of 700,000 euros to shareholders.
“We will finalize the DGA project in the weeks to come,” adds the group, which specifies that it is on important projects concerning export. “We are going to make highly anticipated new products available to our customers,” says Made. “All this allows us to envisage significant progress for the current financial year”, concludes Made.
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