Brief: Adeunis H1 Operating Loss Narrows To 0.8 Million Euros

Adeunis SA

14/01/2021 18:51

Jan 14 (Reuters) - Adeunis SA  ALARF.PA :
    * RESULTS FOR H1 2020/2021: STRONG IMPROVEMENT IN NORMATIVE
PROFITABILITY AND FINANCIAL SITUATION
    * SUCCESSFUL TRANSITION TO A PROFITABLE MODEL
    * SHARP RISE IN GROSS MARGIN TO 56.9%, EXCLUDING EXCEPTIONAL
INVENTORY WRITE-DOWNS
    * H1 SALES FOR NEW GROUP PERIMETER AMOUNTED TO €2,033K
COMPARED
WITH €3,100K A YEAR EARLIER
    * H1 NET RESULT WAS A LOSS OF €631K
    * SIGNIFICANT IMPROVEMENT IN FINANCIAL SITUATION, GROSS CASH
POSITION AT €2.3M AND POSITIVE OPERATING CASH FLOW GENERATION
    * H1 OPERATING PROFIT REACHED -817 K €, AN IMPROVEMENT OF +
600 K
€
    * AT 30 SEPTEMBER 2020, ADEUNIS HAD SHAREHOLDERS' EQUITY OF
€3,397K

Source text for Eikon:  ID:nACT67038 
Further company coverage:  ALARF.PA 

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