Brief: Ebusco Holding H1 Net Loss Widens To EUR 35.8 Million

Ebusco Holding

09/08/2023 06:42

Aug 9 (Reuters) - Ebusco Holding NV  EBUS.AS :
    * REVENUE OVER FIRST HALF OF 2023 ARRIVED AT EUR 41.7
MILLION
    * H1 EBITDA LOSS OF EUR 43.5 MILLION
    * EBUSCO SECURED A TWO-YEAR FINANCING FACILITY OF EUR 41.5
MILLION, IN ADDITION TO ITS ALREADY EXISTING BANK GUARANTEE
CREDIT FACILITY OF EUR 50 MILLION
    * RESULT FOR H1 OF NEGATIVE EUR 35.8 MILLION
    * H1 NET LOSS EUR 35.8 MILLION VERSUS LOSS EUR 14.1 MILLION
YEAR
AGO
    * IN 2024, COMPANY EXPECTS TO BE EBITDA POSITIVE
    * EXPECTS TO RECORD SIGNIFICANT IMPROVEMENT IN OPERATING
RESULT
FOR SECOND HALF OF 2023 COMPARED TO FIRST HALF OF YEAR
    * EXPECTS SIGNIFICANT INCREASE IN SALES OVER FULL YEAR 2023
COMPARED TO FULL YEAR 2022

Source text for Eikon: [ID: nNDLb5Klv9]
Further company coverage:  EBUS.AS 

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