Brief: Cafom H1 Net Loss Widens To 8 Million Euros

Cafom SA

01/07/2020 09:11

July 1 (Reuters) - CAFOM SA  CAFO.PA :
    * REPORTED ON TUESDAY H1 REVENUE OF EUR 153.0 MLN VERSUS EUR
155.4
YEAR AGO
    * H1 EBITDA EUR 12.0 MLN VERSUS EUR 9.9 MLN YEAR AGO
    * H1 NET LOSS EUR 8.0 MLN VERSUS LOSS EUR 1.4 MLN YEAR AGO
    * AT 31 MARCH 2020, NET FINANCIAL DEBT EXCLUDING THE IMPACT
OF
IFRS 16 OF EUR 59.4 MLN VERSUS EUR 63.3 MILLION AT 30 SEPTEMBER
2019
    * SINCE APRIL, VENTE-UNIQUE.COM HAS BEEN GROWING FASTER THAN
ITS
HISTORICAL AVERAGE AND AIMS TO ACHIEVE DOUBLE-DIGIT GROWTH BY
THE END OF SEPTEMBER 2020
    * DECIDED TO SECURE ITS LIQUIDITY BY SUBSCRIBING
STATE-GUARANTEED
LOANS (PGE) FOR A TOTAL AMOUNT OF EUR 28.3 MLN
    * ANNUAL ACTIVITY AND RESULTS WILL NEVERTHELESS BE STRONGLY
IMPACTED BY THE EFFECTS OF THE PANDEMIC

 Source text for Eikon:  ID:nACT64068 
 Further company coverage: CAFO.PA  
   


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