Brief: CHL H1 Net Loss Narrows To Eur 0.6 Mln

Centro HL Distribuzione SpA

31/08/2018 07:46

Aug 31 (Reuters) - CENTRO HL DISTRIBUZIONE SpA  CHL.MI :
    * SAID ON THURSDAY THAT IT REPORTED H1 REVENUE OF 11.2
MILLION
EUROS VERSUS 12.2 MILLION EUROS A YEAR AGO
    * H1 NET LOSS 0.6 MILLION EUROS VERSUS LOSS OF 0.7 MILLION
EUROS A
YEAR AGO
    * SAID DATA FOR H1 2018 REFER TO DIFFERENT CONSOLIDATION
AREA
COMPARED TO H1 2017 DUE TO DECONSOLIDATION OF SUBSIDIARY FRAEL,
ALREADY IMPLEMENTED AT BALANCE SHEET AS AT DEC. 31, 2017
    * EXPECTS OPERATING PERFORMANCE IN H2 2018 TO BE LINE WITH
THAT OF
H1 2018 
    * SAID BELIEVES THAT IT IS ABLE TO MEET THE FINANCIAL NEEDS
FOR
THE 12 MONTHS AFTER JUNE 30, 2018

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7lyS97
    
 Further company coverage:  CHL.MI  
   


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