Brief: Balta Group NV Full Year Consolidated Revenue Of EUR 562M (-16% YoY)

Belysse NV

02/02/2021 20:22

Feb 2 (Reuters) - Balta Group NV  BALTA.BR :
    * Q4 2020 CONSOLIDATED REVENUE OF EUR 151M (-8% YOY)
    * Q4 2020 ADJUSTED EBITDA OF EUR 28M, A SIGNIFICANT +41% YOY
INCREASE
    * FULL YEAR ADJUSTED EBITDA OF EUR 68M (-9% YOY)
    * FULL YEAR CONSOLIDATED REVENUE OF EUR 562M (-16% YOY)
    * Q4 2020 CONTINUED STEADY RECOVERY WHICH BEGAN IN Q3,
DESPITE
COVID-19 TRADING RESTRICTIONS
    * BALTA - ENTERED INTO AGREEMENT WITH NOTEHOLDERS
REPRESENTING C.
52% OF PRINCIPAL AMOUNT OF 7.75% SENIOR SECURED NOTES DUE 2022
ISSUED BY LSF9 BALTA
    * FYE 2020 CASH WAS EUR 106M, WITH A FURTHER EUR 7M
AVAILABLE TO
DRAW UNDER US RCF

Source text for Eikon:  ID:nNDL4mDJRV 
Further company coverage:  BALTA.BR 

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