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ALJXR - Archos SA News Story

€0.019 -0.0  -1.1%

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Sector
Technology
Size
Micro Cap
Market Cap £4.14m
Enterprise Value £11.1m
Revenue £19.8m
Position in Universe 814th / 846

BRIEF-Archos H1 Current Operating Loss Narrows To 1.5 Million Euros

Fri 7th August, 2020 4:52pm
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;))
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