MRG Finance UK PLC Annual Financial Report (9924X)

TIDM59AY

RNS Number : 9924X

MRG Finance UK PLC

07 May 2021

LEI Number: 254900VQRXK46UEV8Y97

MRG Finance UK plc

London, Monaco Resources Group SAM, the guarantor and the parent company of MRG Finance UK plc ("the Issuer"), published its results for the full year ended 31(st) December 2020 on April 30(th) 2021.

The 2020 full year audited report is available at https://monacoresources.com/investor-area/

Key Highlights for full year 2020

-- Group revenue increased to EUR 1.10 billion (versus EUR 1.02 billion full year 2019), continuing on a solid growth trajectory

   --    Gross Profit increased to EUR 306 million (versus EUR 251 million full year 2019) 
   --    EBITDA increased to EUR 151 million (versus EUR 101 million full year 2018) 

-- The Group maintains a strong liquidity position with EUR127.7 million of cash and cash equivalents

The Group's subsidiaries are above budget for the first quarter 2021, benefiting from their diverse, resilient and risk adverse business models.

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May 07, 2021 13:25 ET (17:25 GMT)