Brief: Envipco H1 Net Loss Widens To EUR 3.0 Million

Envipco Holding NV

28/08/2020 17:30

Aug 28 (Reuters) - Envipco Holding NV  ENVI.AS :
    * H1 NET LOSS EUR 3.0 MILLION VERSUS LOSS EUR 1.0 MILLION
YEAR AGO
    * H1 EBITDA LOSS OF EUR 626,000 VERSUS PROFIT EUR 907,000
YEAR AGO
    * H1 OPERATING REVENUES EUR 13.6 MILLION VERSUS EUR 17.4
MILLION
YEAR AGO
    * THE COMPANY HAS AND WILL CONTINUE TO BE NEGATIVELY
IMPACTED BY
COVID-19 DURING 2020
    * NORTH AMERICA RVM SALES ARE NOT EXPECTED TO FULLY RECOVER
UNTIL
2021
    * EUROPEAN OPERATIONS AND ACTIVITIES ARE GENERALLY SHOWING
SIGNS
OF RECOVERY, WITH THE EXPECTATION FOR IMPROVED PERFORMANCE FOR
THE REMAINDER OF THE YEA
    * COMPANY HAS ADEQUATE FINANCIAL RESOURCES TO CONTINUE TO
EXECUTE
DURING THIS EXCITING AND CHALLENGING PERIOD

Source text for Eikon:  ID:nNDL4s0bLC 
Further company coverage:  ENVI.AS 

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