Brief: Cibox H1 Net Loss Widens To EUR 1.3 Mln

Cibox Inter@Ctive SA

13/10/2022 17:11

Oct 13 (Reuters) - Cibox Inter@ctive SA  ALCIB.PA :
    * H1 OPERATING LOSS OF €1.1M IN A STILL DIFFICULT
ENVIRONMENT
    * H1 NET LOSS EUR 1.3 MILLION VERSUS EUR 0.4 MILLION YEAR
AGO
    * H1 REVENUE EUR 4.6 MLN VS EUR 5.9 MLN YEAR AGO
    * Q3 REVENUE AT +26% VERSUS 2021 FOR A CUMULATIVE 9 MONTHS
AT
€9.4M (-2% VERSUS 2021)
    * AS OF JUNE 30, 2022, CASH POSITION AMOUNTED TO €3.5
MILLION
(€5.8 MILLION AT THE END OF DECEMBER 2021)
    * REVENUE FOR WHOLE OF 2022 IS NOW EXPECTED TO DECLINE
COMPARED TO
PREVIOUS YEAR
    * GROSS MARGIN LEVEL FOR SECOND HALF OF 2022 WILL CONTINUE
TO BE
IMPACTED BY THE UNFAVORABLE EVOLUTION OF COSTS OF RAW MATERIALS
AND COMPONENTS, TRANSPORT
    * WILL ACCELERATE ITS INVESTMENTS IN 2023: INDUSTRIAL
INVESTMENTS
IN PRODUCTION TOOLS FOR REVIN, AND RECRUITMENT

Source text for Eikon:  ID:nACT76715 
Further company coverage:  ALCIB.PA 
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