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CTAC - Ctac NV News Story

€4.3 0.0  0.7%

Last Trade - 19/10/21

Sector
Technology
Size
Micro Cap
Market Cap £49.1m
Enterprise Value £57.9m
Revenue £81.8m
Position in Universe 612th / 846

BRIEF-CTAC H1 EBITDA Down At 1.0 Million Euros

Wed 7th August, 2019 7:17am
Aug 7 (Reuters) - CTAC NV  CTAN.AS :
    * RESULTS FIRST HALF 2019: CTAC RECORDS SLIGHTLY LOWER
TURNOVER
    * CTAC REVISES FULL-YEAR 2019 FORECAST DOWNWARD
    * H1 NET TURNOVER DECLINES SLIGHTLY BY 2.5% TO € 41.4
MILLION
    * H1 OPERATING RESULT BEFORE DEPRECIATION (EBITDA)
(EXCLUDING
IMPACT IFRS 16) FALLS BY € 0.7 MILLION TO € 1.0 MILLION
    * H1 NET RESULT NIL (2018: € 0.9 MILLION)
    * CTAC RECORDED A NEGATIVE CASH FLOW OF € 1.8 MILLION IN THE
FIRST
HALF OF 2019
    * CTAC EXPECTS TO RECORD LOWER TURNOVER AND LOWER RESULTS
FOR THE
FULL YEAR 2019
    * CTAC EXPECTS ITS IP PRODUCTS TO HAVE A POSITIVE IMPACT ON
THE
COMPANY’S DEVELOPMENT FROM 2020

Source text: https://bit.ly/2KhQE10
Further company coverage:  CTAN.AS 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com;))
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