Brief: Ecoslops FY EBITDA Swings To Profit Of 0.4 Million Euros

Ecoslops SA

30/03/2020 17:50

March 30 (Reuters) - ECOSLOPS SA  ALESA.PA :
    * FY RESULTS
    * FY NET LOSS EUR 1.7 MILLION VERSUS LOSS EUR 1.5 MILLION
YEAR AGO
    * ON CORONAVIRUS: THE MARSEILLE SITE HAS BEEN AT A
STANDSTILL
SINCE 23 MARCH (SHORT-TIME WORKING) WITH A POSSIBLE IMPACT ON
THE SCHEDULE OF ABOUT 2 MONTHS
    * FY TURNOVER OF €8.8M, COMPARED TO €7.5M IN 2018
    * FY EBITDA PROFIT EUR 0.4 MILLION VERSUS LOSS EUR 0.4
MILLION
YEAR AGO
    * ON CORONAVIRUS: THERE IS NO SIGNIFICANT IMPACT EXPECTED ON
THE
MINI-P2R CONSTRUCTION SCHEDULE
    * AT END OF 2019, GROUP HAS NEARLY EUR 6 MILLION IN CASH AND
NET
DEBT OF EUR 7.2 MILLION
    * ON CORONAVIRUS: THE SINES UNIT IN PORTUGAL IS 100%
OPERATIONAL
    * ON CORONAVIRUS: HAS IMPLEMENTED PARTIAL UNEMPLOYMENT
MEASURES
FOR HEADQUARTERS IN PARIS
    * CURRENT GROUP TREASURY: € 6.5 MILLION AT END OF MARCH

Source text : https://bit.ly/2vYD8eg
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