Brief: Archos reports H1 EBITDA loss of 2.4 million euros

Archos SA

11/08/2017 17:00

Aug 11 (Reuters) - ARCHOS SA  ARCH.PA : 
    * H1 RECURRING OPERATING LOSS EUR 3.3 MILLION VERSUS 
PROFIT OF EUR 0.5 MILLION YEAR AGO 
    * MARKET WAS PARTICULARLY DIFFICULT IN FRANCE AND GERMANY IN 
H1 
    * H1 EBITDA LOSS EUR 2.4 MILLION VERSUS PROFIT OF EUR 1.6 
MILLION YEAR AGO 
    * FACED WITH DIFFICULT H1, CO PUT IN PLACE ACTION PLAN TO 
BOOST SALES AND IMPROVE PROFITABILITY 
    * H1 NET LOSS EUR 4.6 MILLION VERSUS PROFIT OF EUR 0.5 
MILLION YEAR AGO 
    * FACED WITH DIFFICULT H1, CO PUT IN PLACE SAVINGS PLAN OF 
ABOUT 10 PERCENT OF OPERATING COST 
 
Further company coverage:  ARCH.PA  
 
 (Gdynia Newsroom) 
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