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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  BOURBON Corporation    GBB   FR0004548873

BOURBON CORPORATION

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BOURBON Corporation: Postponement of the decision on the future of BOURBON Corporation

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02/11/2020 | 11:11am EDT

Marseilles, February 11, 2020

Postponement of the decision on the future of Bourbon Corporation

On Monday, February 3, the Commercial Court of Marseilles examined the situation of Bourbon Corporation. It has renewed the observation period and will soon rule on the date for the examination of the judicial liquidation from the judicial administrators. This could occur during the month of March. If the judicial liquidation were to be pronounced, it would occur over a period ranging from 6 months to 2 years.

The quotation of the share therefore remains suspended until further notice. If the judicial liquidation procedure were decided by the Court, the Bourbon Corporation shares would be delisted from the market by Euronext.

As a reminder, all of the assets and activities of Bourbon Corporation were sold to Societé Phocéenne de Participations (SPP), which became the new shareholder of Bourbon Maritime and owner of the BOURBON brands.

For more information regarding Bourbon Corporation company : http://bourboncorporation.com/

CONTACT: Communication and investors/analysts/shareholders’ relations  
 +33 140 138 607 / investor-relations@bourbon-online.com
 

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Financials
Sales 2018 634 M 713 M 713 M
Net income 2018 -458 M -515 M -515 M
Net Debt 2018 1 278 M 1 437 M 1 437 M
P/E ratio 2018 -0,58x
Yield 2018 -
Capitalization 284 M 320 M 320 M
EV / Sales 2017 2,40x
EV / Sales 2018 2,43x
Nbr of Employees 8 400
Free-Float 23,7%
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Income Statement Evolution
Managers
NameTitle
Jacques d'Armand de Chateauvieux Executive Chairman
Thierry Hochoa Chief Financial Officer
Chateauvieux d'Armand de Chateauvieux Director
Christian Lefèvre Director
Mahmud Bamanga Tukur Independent Director
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