Brief: Adeunis H1 Net Loss Narrows At EUR 1.5 Million

Adeunis SA

16/01/2020 18:21

Jan 16 (Reuters) - Adeunis SA  ALARF.PA :
    * RESULTS FOR THE FIRST HALF OF 2019/2020
    * H1 NET LOSS EUR 1.5 MILLION VERSUS LOSS EUR 2.1 MILLION
YEAR AGO
    * H1 REVENUE EUR 5.9 MILLION VERSUS EUR 5.6 MILLION YEAR AGO
    * H1 OPERATING LOSS EUR 1.3 MILLION VERSUS LOSS EUR 2.2
MILLION
YEAR AGO
    * FULL REDUCTION OF THE COMPANY'S DEBT AFTER THE HALF-YEARLY
CLOSE
    * AS OF SEPT 30, 2019, ADEUNIS HAD SHAREHOLDERS' EQUITY OF €
1,089,000, FREE CASH OF € 959 THOUSAND AND FINANCIAL DEBT OF €
3,799,000
    * ADEUNIS HAS MANDATED A MERCHANT BANK TO LAUNCH A PROCESS
OF
RAPPROCHEMENT WITH AN INDUSTRIALIST WHICH COULD RESULT IN A
CHANGE OF CONTROL OVER THE NEXT FEW MONTHS

Source text for Eikon:  ID:nNDL35f5xJ 
Further company coverage:  ALARF.PA 

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