Brief: Cerinnov Group says will not meet objectives stated at beginning of year

Cerinnov SA

16/10/2017 16:40

Oct 16 (Reuters) - CERINNOV GROUP SA  ALPCV.PA : 
    * H1 EBITDA LOSS EUR 0.3 MILLION VERSUS PROFIT EUR 0.3 
MILLION YEAR AGO 
    * H1 NET LOSS GROUP SHARE EUR 0.6 MILLION VERSUS PROFIT 
EUR 0.3 MILLION YEAR AGO 
    * WILL NOT MEET OBJECTIVES STATED AT BEGINNING OF YEAR 
    * EXPECTS FY REVENUE TO DECLINE IN 2017 
    * EXPECTS NEGATIVE FY RESULTS 
    * BEYOND 2017, 34 PROJECTS, OF WHICH MORE THAN 20 INVOLVING 
POTENTIAL UNIT ORDERS BETWEEN EUR 1 MILLION AND EUR 6 MILLION, 
ARE CURRENTLY UNDER DISCUSSION 
 
Source text: http://bit.ly/2wZ23tj 
Further company coverage:  ALPCV.PA  
 
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