Brief: Cerinnov Group H1 EBITDA Loss Widens To 1.3 Million Euros

Cerinnov SA

28/10/2020 18:01

Oct 28 (Reuters) - Cerinnov Group SA  ALPCV.PA :
    * H1 NET LOSS GROUP SHARE EUR 2.1 MILLION VERSUS LOSS EUR
1.0
MILLION YEAR AGO
    * H1 EBITDA LOSS EUR 1.3 MILLION VERSUS LOSS EUR 0.4 MILLION
YEAR
AGO
    * H1 REVENUE EUR 3.9 MILLION VERSUS EUR 7.2 MILLION YEAR AGO
    * IMPLEMENTATION OF A COLLECTIVE REDUNDANCY PLAN
    * STRONG IMPACT OF THE HEALTH CRISIS LINKED TO THE COVID-19
EPIDEMIC WAS REFLECTED IN A SHARP DECLINE IN TURNOVER IN H1
    * NET CASH OF € 2.9 MILLION AT THE END OF JUNE 2020 COMPARED
TO €
1.2 MILLION AT THE END OF DECEMBER 2019

Further company coverage:  ALPCV.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))