Brief: Auga Group H1 Result Turns To Net Loss Of EUR 8.8 Million
06/09/2023 14:38
Sept 6 (Reuters) - Auga Group AB AUG1L.VL :
* H1 TURNOVER EUR 41.0 MILLION VERSUS EUR 34.0 MILLION YEAR
AGO
* H1 EBITDA EUR 3.6 MILLION VERSUS EUR 15.1 MILLION YEAR AGO
* H1 NET LOSS EUR 8.8 MILLION VERSUS NET PROFIT OF EUR 3.7
MILLION
YEAR AGO
* PROFITABILITY DECREASED DUE TO SIGNIFICANT DROP IN MARKET
PRICES
OF MAJOR COMMODITIES AS WHEAT AND MILK AND UNFAVOURABLE COST OF
SALES
Source text: ID:nGNEbsZMR5
Further company coverage: AUG1L.VL
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Auga AB
See all newsLithuania's AUGA H1 revenue falls on lower milk prices, harvest volume
Brief: AUGA group H1 EBITDA EUR 3.49 Million
Brief: AUGA group H1 EBITDA EUR 6.6 Million
Brief: Auga Group Says Restructuring Proceedings Have Been Initiated For Auga Group And 9 Subsidiaries
Brief: Auga Group AB Shareholders Approve Draft Restructuring Plan