Kiloutou hails “extraordinary resilience” in 2020

Kiloutou said its business had demonstrated “extraordinary resilience” in the face of the pandemic as it reported a 12.4% fall in 2020 revenues to €646.1 million. EBITDA margin for the year was 31.2%.

Its business recovered in the second half of 2020 with revenues only 5.2% lower year-on-year. France was the worst hit territory with a 15.6% drop for the full year, while its businesses in Germany, Italy, Poland and Spain were described as more resilient.