Brief: Archos H1 Current Operating Loss Narrows To 1.5 Million Euros

Archos SA

07/08/2020 16:52

Aug 7 (Reuters) - ARCHOS SA  ARCH.PA :
    * H1 CURRENT OPERATING INCOME WAS -1.5 MEUR COMPARED TO -5.8
MEUR
IN H1 2019 
    * H1 RESULTS
    * H1 CONSOLIDATED NET INCOME STOOD AT -1.4 MEUR COMPARED TO
-26.6
MEUR IN THE FIRST HALF OF 2019
    * END H1 CASH AMOUNTED TO 8.4 MEUR, UP 2.0 MEUR COMPARED TO
THE
PREVIOUS YEAR
    * DEVELOPMENT OF 5G WILL ENABLE GROUP TO EXPAND ITS PRODUCT
OFFERING TO MEET MARKET'S APPETITE FOR NEW TECHNOLOGY AND SHOULD
CONTRIBUTE TO REVENUE GROWTH IN 2021
    * H1 REVENUE EUR 11.2 MILLION VERSUS EUR 17.2 MILLION YEAR
AGO

Source text for Eikon:  ID:nACT64688 
Further company coverage:  ARCH.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))