Brief: AvangardCo Investments Public Q1 net loss narrows to $4.0 million

Avangardco Investments Public

31/05/2016 07:01

May 31 (Reuters) - Avangardco Investments Public Ltd 
 AVGRq.L  
    * Q1 consolidated revenue $39.8 million versus $72.4 million 
year ago 
    * Net debt as at March 31, 2016 of $317 million versus $305 
million as at Dec. 31, 2015 
    * Q1 net loss amounted to $4.0 million versus loss of $52.2 
million 
    * Q1 EBITDA amounted to $9.6 million, an increase of 50 pct 
year-on-year 
    * Q1 production of shell eggs totalled 627 million units, a 
decline of 40 pct year-on-year 
    * Q1 sales of shell eggs amounted to 475 million units, down 
55 pct year-on-year 
 
Source text for Eikon:  ID:nRSe6388Za  
     
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