Brief: Egide H1 Revenue Down At EUR 14.9 Mln

Egide SA

12/07/2019 17:09

July 12 (Reuters) - Egide SA  EGID.PA :
    * REG-EGIDE: 2019 H1 REVENUE
    * 1ST HALF 2019 SALES: EUR 14.871 MILLION (-8.5% YOY)
    * H2 2019 OUTLOOK: H1 ORDER INTAKE WAS EUR 18.83 MILLION (+23% YOY)
    * FOR H2 OUTLOOK: CONTINUED GROWTH IN US AND RETURN TO POSITIVE GROWTH AT EGIDE SA
    * GROUP EXPECTS OVERALL GROWTH IN 2019 DESPITE TOUGH H1
    * ACTION PLAN TO REORGANIZE EGIDE SA IS EXPECTED TO BE COMPLETED BY END OF YEAR
    * ACTION PLAN TO REORGANIZE EGIDE SA: MOST OF ITS OPERATIONAL IMPACT BEING FELT FROM Q1 2020

Source text for Eikon:  ID:nGNEb83t9P 
Further company coverage:  EGID.PA 

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