July 9, 2020 / 6:36 AM / a month ago

BRIEF-Emova Group H1 EBITDA Down At EUR 1.0 Million

July 9 - EMOVA GROUP:

* ANNOUNCED ON WEDNESDAY H1 EBITDA EUR 1.0 MLN VS EUR 1.4 MLN YR AGO

* H1 REVENUE EUR ‍12.3​ MLN VS EUR 12.6 MLN YR AGO

* H1 NET LOSS GROUP SHARE EUR 0.4 MLN VS PROFIT OF EUR 0.1 MLN YR AGO

* AT END-MARCH 2020 NET FINANCIAL DEBT STOOD AT EUR 13.0 MLN VS EUR 10.7 MLN AT END-MARCH 2019

* IMPACTS OF COVID-19 ON THE ENTIRE EXERCISE CANNOT BE QUANTIFIED AT THIS STAGE

* OUTLOOK: EMOVA GROUP ANTICIPATES AN UPTURN IN BUSINESS IN THE SECOND HALF OF THE YEAR

Source text: bit.ly/3eaPUq7

Further company coverage: (Gdansk Newsroom)

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