Brief: Avenir Telecom H1 net loss widens to 12.1 million euros

Avenir Telecom SA

23/02/2016 09:16

Feb 23 (Reuters) - Avenir Telecom SA  AVOM.PA : 
    * H1 revenue 52.8 million euros  ($58.10 million) versus 
93.1 million euros a year ago  
    * H1 net loss 12.1 million euros versus loss of 1.9 million 
euros a year ago 
    * Requested that trading in its shares resume from Feb. 24 
    * Was informed on Feb. 19 that CIG Holding, in which it 
holds 44.8 pct stake, entered a rescue procedure on Feb. 18 
after declaring itself insolvent on Feb. 12 
    * Does not hold information at this time allowing it to 
quantify the potential financial impact of the CIG Holding 
situation 
 
Source text : http://bit.ly/1L8cWi6 
Further company coverage:  AVOM.PA  
 
($1 = 0.9088 euros) 
 
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