Reported Earnings • May 22
First quarter 2026 earnings released: €0.036 loss per share (vs €0.037 profit in 1Q 2025) First quarter 2026 results: €0.036 loss per share (down from €0.037 profit in 1Q 2025). Revenue: €160.2m (down 15% from 1Q 2025). Net loss: €7.30m (down 196% from profit in 1Q 2025). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Declared Dividend • May 21
Dividend reduced to €0.25 Dividend of €0.25 is 17% lower than last year. Ex-date: 26th May 2026 Payment date: 28th May 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (240% earnings payout ratio) nor is it covered by cash flows (dividend approximately 17x free cash flows). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control. EPS is expected to grow by 157% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Tillkännagivande • May 20
Altri, SGPS, S.A. announces Annual dividend, payable on May 28, 2026 Altri, SGPS, S.A. announced Annual dividend of EUR 0.2500 per share payable on May 28, 2026, ex-date on May 26, 2026 and record date on May 27, 2026. Tillkännagivande • Apr 28
Altri, SGPS, S.A. to Report Q1, 2026 Results on May 21, 2026 Altri, SGPS, S.A. announced that they will report Q1, 2026 results on May 21, 2026 Tillkännagivande • Jan 23
Altri, SGPS, S.A. to Report Fiscal Year 2025 Results on Mar 19, 2026 Altri, SGPS, S.A. announced that they will report fiscal year 2025 results on Mar 19, 2026 Tillkännagivande • Jul 24
Altri, SGPS, S.A. (ENXTLS:ALTR) completed the acquisition of 58.7% stake in HeiQ AeoniQ Holding AG. Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire an unknown minority stake in HeiQ AeoniQ Holding AG on July 1, 2025. The Altri investment, including a capital increase. With capital increase, Altri will acquire a majority stake in AeoniQ. The acquisition will enable the development of the world's first AeoniQ industrial unit, which will be built at Altri's fiber mill in Caima, Constância. Construction is scheduled to begin in 2026, with an initial capacity of 1,750 tons per year.
The completion of the acquisition is subject to the fulfilment of closing conditions, as is standard in transactions of this nature. The companies expect the process to be completed in third quarter of 2025. Daniel Hasler of Homburger AG acted as legal advisor to Altri, SGPS, S.A.
Altri, SGPS, S.A. (ENXTLS:ALTR) completed the acquisition of 58.7% stake in HeiQ AeoniQ Holding AG on July 23, 2025. HeiQ Materials AG, Boss and MAS Holdings remain as co-investors in the company and after the completion of the acquisition, The Lycra Company also maintains exclusive distribution rights. Tillkännagivande • May 07
Altri, SGPS, S.A. announces Annual dividend, payable on May 19, 2025 Altri, SGPS, S.A. announced Annual dividend of EUR 0.3000 per share payable on May 19, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. Tillkännagivande • Apr 07
Altri, SGPS, S.A., Annual General Meeting, Apr 28, 2025 Altri, SGPS, S.A., Annual General Meeting, Apr 28, 2025. Location: rua manuel pinto de azevedo 818, porto Portugal Tillkännagivande • Jan 24
Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire Greenalia Forest, S.L. and Greenalia Logistics, S.L. from Smarttia Spain, S.L.U. Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire Greenalia Forest, S.L. and Greenalia Logistics, S.L. from Smarttia Spain, S.L.U. on January 23, 2025.
The completion of this acquisition is subject to the verification of a set of preconditions, a usual procedure in transactions of this nature. The company expects that this process will be concluded by the end of the first quarter of 2025. Reported Earnings • Jul 02
First quarter 2024 earnings released: EPS: €0.10 (vs €0.096 in 1Q 2023) First quarter 2024 results: EPS: €0.10 (up from €0.096 in 1Q 2023). Revenue: €220.8m (up 2.1% from 1Q 2023). Net income: €21.6m (up 10.0% from 1Q 2023). Profit margin: 9.8% (in line with 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • May 25
First quarter 2024 earnings released: EPS: €0.10 (vs €0.096 in 1Q 2023) First quarter 2024 results: EPS: €0.10 (up from €0.096 in 1Q 2023). Revenue: €222.7m (up 2.9% from 1Q 2023). Net income: €21.6m (up 10% from 1Q 2023). Profit margin: 9.7% (in line with 1Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Declared Dividend • May 12
Dividend of €0.25 announced Shareholders will receive a dividend of €0.25. Ex-date: 21st May 2024 Payment date: 23rd May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio) nor is it covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 33% to bring the payout ratio under control. EPS is expected to grow by 103% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Tillkännagivande • Apr 13
Altri, SGPS, S.A., Annual General Meeting, May 03, 2024 Altri, SGPS, S.A., Annual General Meeting, May 03, 2024, at 11:00 Coordinated Universal Time. Location: The company's head office in Rua Manuel Pinto de Azevedo, 818, Porto Portugal Agenda: To consider Discuss and decide on the financial statements for the year 2023, including the separate and consolidated accounts and respective annexes, the Corporate Governance Report (which includes the Remuneration Report), the Integrated Management Report (which includes the Non-Financial Information Report), and other corporate information and supervisory and audit documents;to consider Decide on the proposed appropriation of the net profit for the year ended 31st of December 2023 and, additionally, on the distribution of dividends in cash;to consider Assess the management and audit of the Company in accordance with article 455 of the Portuguese Companies Code;to consider Vote for the representative of the Statutory Auditor for the current three-year term 2023-2025;to consider Deliberate on the granting of authorization to the Board of Directors for the acquisition and sale ofown bonds to the legal limit of 10%; and to consider other matters. Reported Earnings • Mar 25
Full year 2023 earnings released: EPS: €0.21 (vs €0.74 in FY 2022) Full year 2023 results: EPS: €0.21 (down from €0.74 in FY 2022). Revenue: €788.2m (down 25% from FY 2022). Net income: €42.8m (down 72% from FY 2022). Profit margin: 5.4% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 20
Altri, SGPS, S.A. to Report Fiscal Year 2023 Results on Mar 21, 2024 Altri, SGPS, S.A. announced that they will report fiscal year 2023 results on Mar 21, 2024 New Risk • Nov 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Profit margins are more than 30% lower than last year (7.5% net profit margin). Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: €0.001 (vs €0.23 in 3Q 2022) Third quarter 2023 results: EPS: €0.001 (down from €0.23 in 3Q 2022). Revenue: €174.4m (down 38% from 3Q 2022). Net income: €200.0k (down 100% from 3Q 2022). Profit margin: 0.1% (down from 17% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 05
Second quarter 2023 earnings released: EPS: €0.04 (vs €0.19 in 2Q 2022) Second quarter 2023 results: EPS: €0.04 (down from €0.19 in 2Q 2022). Revenue: €191.8m (down 29% from 2Q 2022). Net income: €8.36m (down 79% from 2Q 2022). Profit margin: 4.4% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Oct 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (134% cash payout ratio). Reported Earnings • Jul 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €201.9m (down 26% from 2Q 2022). Net income: €8.40m (down 79% from 2Q 2022). Profit margin: 4.2% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • May 27
First quarter 2023 earnings released: EPS: €0.096 (vs €0.14 in 1Q 2022) First quarter 2023 results: EPS: €0.096 (down from €0.14 in 1Q 2022). Revenue: €224.7m (down 9.4% from 1Q 2022). Net income: €19.6m (down 34% from 1Q 2022). Profit margin: 8.7% (down from 12% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 7.3% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €4.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 4.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.84 per share. Tillkännagivande • May 11
Altri, SGPS, S.A. acquired a 13.47% stake in Greenvolt - Energias Renováveis, S.A. Altri, SGPS, S.A. acquired a 13.47% stake in Greenvolt - Energias Renováveis, S.A. on May 9, 2023.Altri, SGPS, S.A. completed the acquisition of a 13.47% stake in Greenvolt - Energias Renováveis, S.A. on May 9, 2023. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: €0.74 (vs €0.60 in FY 2021) Full year 2022 results: EPS: €0.74 (up from €0.60 in FY 2021). Revenue: €1.07b (up 36% from FY 2021). Net income: €152.1m (up 23% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 14% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 14
Altri, SGPS, S.A. to Report Fiscal Year 2022 Results on Mar 23, 2023 Altri, SGPS, S.A. announced that they will report fiscal year 2022 results on Mar 23, 2023 Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: €0.23 (vs €0.23 in 3Q 2021) Third quarter 2022 results: EPS: €0.23. Revenue: €284.1m (up 15% from 3Q 2021). Net income: €47.7m (flat on 3Q 2021). Profit margin: 17% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 10% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €5.19, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.85 per share. Reported Earnings • Jul 30
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €272.4m (up 32% from 2Q 2021). Net income: €39.8m (up 26% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 1.8% compared to a 5.7% growth forecast for the industry in Germany. Buying Opportunity • Jul 30
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 2.6%. The fair value is estimated to be €8.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to decline by 8.6% per annum. Earnings is also forecast to decline by 16% per annum over the same time period. Reported Earnings • May 28
First quarter 2022 earnings released: EPS: €0.10 (vs €0.064 in 1Q 2021) First quarter 2022 results: EPS: €0.10 (up from €0.064 in 1Q 2021). Revenue: €249.2m (up 40% from 1Q 2021). Net income: €21.1m (up 60% from 1Q 2021). Profit margin: 8.5% (up from 7.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.5%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €5.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.10 per share. Upcoming Dividend • May 10
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.3%). Board Change • Apr 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: €0.60 (vs €0.12 in FY 2020) Full year 2021 results: EPS: €0.60 (up from €0.12 in FY 2020). Revenue: €785.2m (up 38% from FY 2020). Net income: €123.7m (up 401% from FY 2020). Profit margin: 16% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 4.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €5.03, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 1.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.02 per share. Reported Earnings • Nov 20
Third quarter 2021 earnings released: EPS €0.23 (vs €0.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €248.4m (up 77% from 3Q 2020). Net income: €48.1m (up 219% from 3Q 2020). Profit margin: 19% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 04
Second quarter 2021 earnings released: EPS €0.15 (vs €0.012 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €205.9m (up 28% from 2Q 2020). Net income: €31.7m (up €29.2m from 2Q 2020). Profit margin: 15% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 04
First quarter 2021 earnings released: EPS €0.064 (vs €0.033 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €179.2m (up 9.0% from 1Q 2020). Net income: €13.2m (up 94% from 1Q 2020). Profit margin: 7.4% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 23
First quarter 2021 earnings released: EPS €0.064 (vs €0.033 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €179.2m (up 9.0% from 1Q 2020). Net income: €13.2m (up 94% from 1Q 2020). Profit margin: 7.4% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • May 11
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 18 May 2021. Payment date: 20 May 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 15% share price gain to €6.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Forestry industry in Europe. Total returns to shareholders of 99% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.23 per share. Is New 90 Day High Low • Feb 10
New 90-day high: €5.48 The company is up 44% from its price of €3.80 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.69 per share. Is New 90 Day High Low • Jan 08
New 90-day high: €5.46 The company is up 42% from its price of €3.85 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.55 per share. Is New 90 Day High Low • Dec 01
New 90-day high: €4.55 The company is up 5.0% from its price of €4.31 on 02 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.42 per share. Analyst Estimate Surprise Post Earnings • Nov 28
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 6.8% compared to a 1.5% decline forecast for the Forestry industry in Germany. Reported Earnings • Nov 28
Third quarter 2020 earnings released: EPS €0.07 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €140.1m (down 18% from 3Q 2019). Net income: €15.1m (down 34% from 3Q 2019). Profit margin: 11% (down from 13% in 3Q 2019). The decrease in margin was driven by lower revenue. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS €0.073 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €141.5m (down 17% from 3Q 2019). Net income: €15.1m (down 34% from 3Q 2019). Profit margin: 11% (down from 13% in 3Q 2019). The decrease in margin was driven by lower revenue. Analyst Estimate Surprise Post Earnings • Nov 22
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 7.3% compared to a 1.6% decline forecast for the Forestry industry in Germany. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 17% share price gain to €4.02, the stock is trading at a trailing P/E ratio of 19.7x, up from the previous P/E ratio of 16.9x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total return to shareholders over the past year is a loss of 28%. Is New 90 Day High Low • Oct 16
New 90-day low: €3.68 The company is down 15% from its price of €4.31 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.97 per share. Tillkännagivande • Oct 04
Altri, SGPS, S.A. to Report Q3, 2020 Results on Nov 19, 2020 Altri, SGPS, S.A. announced that they will report Q3, 2020 results on Nov 19, 2020 Reported Earnings • Oct 02
First half earnings released Over the last 12 months the company has reported total profits of €42.2m, down 78% from the prior year. Total revenue was €656.2m over the last 12 months, down 19% from the prior year. Tillkännagivande • Jun 20
Altri, S.G.P.S., S.A. to Report First Half, 2020 Results on Sep 10, 2020 Altri, S.G.P.S., S.A. announced that they will report first half, 2020 results on Sep 10, 2020