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BRIEF-Stallergenes Greer H1 EBIT loss narrows to 3.5 million euros
August 31, 2017 / 7:13 AM / 3 months ago

BRIEF-Stallergenes Greer H1 EBIT loss narrows to 3.5 million euros

Aug 31 (Reuters) - STALLERGENES GREER PLC:

* H1 ‍TOTAL REVENUES OF EUR 129.6 MILLION, UP 66% OVER PRIOR-YEAR PERIOD​

* H1 ‍EBITDA WAS POSITIVE AHEAD OF SCHEDULE AT EUR 6.3 MILLION​

* ‍KEY PRODUCTS ORALAIR AND STALORAL REGAIN MARKET SHARE IN FRANCE AND GERMANY​

* H1 NET LOSS EUR ‍8.9​ MILLION VERSUS LOSS OF EUR 39.0 MILLION YEAR AGO

* H1 EBIT LOSS OF EUR ‍3.5​ MILLION VERSUS LOSS OF EUR 58.5 MILLION YEAR AGO

* UPDATES 2017 REVENUE GUIDANCE: EUR 260 MILLION TO EUR 270 MILLION VERSUS EUR 240 MILLION TO EUR 270 MILLION

* ‍NARROWED ITS 2017 REVENUE GUIDANCE TO EUR 260-EUR 270M VERSUS EUR 240-EUR 270M ​

* SEES CONTINUING POSITIVE DEVELOPMENT OF EBITDA Source text: bit.ly/2vHckd5 Further company coverage: (Gdynia Newsroom)

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