Oeneo Sa Reports Earnings Results for the Full Year Ended March 31, 2021
June 23, 2021 at 12:00 pm EDT
Share
Oeneo SA announced earnings results for the full year ended March 31, 2021. For the full year, the company announced sales was EUR 272.815 million compared to EUR 290.258 million a year ago. Operating income was EUR 44.766 million compared to EUR 42.459 million a year ago. Net income was EUR 31.518 million compared to EUR 28.331 million a year ago. Basic earnings per share was EUR 0.49 compared to EUR 0.44 a year ago. Diluted earnings per share was EUR 0.48 compared to EUR 0.43 a year ago. Basic earnings per share from continuing operations was EUR 0.49 compared to EUR 0.46 a year ago. Diluted earnings per share from continuing operations was EUR 0.48 compared to EUR 0.45 a year ago.
Oeneo is the world's No. 1 of cooperage for winemaking and the world's No. 2 of wine corking products. Net sales break down by family of products as follows:
- corking products (70.2%): primarily high-tech cork stoppers for still wines, sparkling wines, and fortified wines, for the Diam and PIETEC lines;
- cooperage (29.8%): casks, barrels, tanks, drums and alternative products (powders, wood chips, and staves) marketed under the Seguin Moreau, Boisé, Tonnellerie Millet, Fine Northern Oak and Galileo brands.
Net sales are distributed geographically as follows: France (28.7%), Europe (39%), America (25.1%), Oceania (1.7%) and other (5,5%).
OENEO 
