April 23, 2020 / 4:44 PM / a month ago

BRIEF-Artefact FY EBITDA Stable At 2.4 Million Euros

April 23 (Reuters) - Artefact SA:

* 2019 GROSS MARGIN: € 66.2 MILLION, UP 10.3% PROFORMA

* FY EBITDA EUR 2.4 MILLION VERSUS EUR 2.3 MILLION PRO FORMA YEAR AGO

* IN Q1 COVID 19 IMPACT WAS LIMITED

* AS OF DEC 31, 2019, SHAREHOLDERS’ EQUITY AMOUNTED TO € 45.2 MILLION, COMPARED TO € 57.3 MILLION AT END OF DEC 2018

* FY REVENUE EUR 70.3 MILLION VERSUS EUR 62.5 MILLION YEAR AGO (PROFORMA)

* SINCE SECOND HALF OF MARCH, ACTIVITY HAS BEEN IMPACTED BY SIGNIFICANT REDUCTION IN BUDGETS COMMITTED BY ADVERTISERS

* FY NET LOSS GROUP SHARE EUR 15.2 MILLION VERSUS LOSS EUR 1.2 MILLION YEAR AGO

* FY CLOSING CASH AMOUNTED TO € 14.7 MILLION FOR FINANCIAL DEBTS € 18.2 MILLION (EXCLUDING RENTAL DEBTS OF € 6.2 MILLION LINKED TO THE APPLICATION OF IFRS 16)

* REMAINS CONFIDENT IN ITS ABILITY TO GET THROUGH THIS CRISIS AND RETURN TO ITS GROWTH TRAJECTORY IN A CONTEXT THAT REMAINS UNCERTAIN Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below