Brief: Euro Ressources H1 Net Profit Under French GAAP Stable At EUR 8.3 Mln

Euro Ressources SA

09/08/2019 06:19

Aug 9 (Reuters) - EURO RESSOURCES SA  EURR.PA :
    * ANNOUNCED ON THURSDAY H1 NET PROFIT (UNDER FRENCH GAAP)
EUR 8.3
MLN VS EUR 8.5 MLN YEAR AGO
    * H1 REVENUES (UNDER FRENCH GAAP AND IFRS) EUR 12.4 MLN VS
EUR
11.6 MLN YEAR AGO
    * CASH AT JUNE 30, 2019 TOTALED EUR 23.1 MLN AS COMPARED TO
EUR
25.7 MLN AT DEC 31, 2018
    * ROSEBEL ROYALTY PRODUCTION IS ANTICIPATED TO BE BETWEEN
253,000
OUNCES AND 274,000 OUNCES IN 2019
    * IN 2019, THE ROSEBEL ROYALTY IS EXPECTED TO PROVIDE
REVENUES TO
COMPANY OF BETWEEN ABOUT EUR 19.2 MLN AND EUR 20.8 MLN 
    * IN 2019 CASH FLOW IS EXPECTED TO BE PRIMARILY AFFECTED BY
INCOME
TAX PAYMENTS
    * BENJAMIN LITTLE TO RESIGN FROM CEO POSITION EFFECTIVE AS
AT
AUGUST 31ST

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNX75lrqs
    
 Further company coverage:  EURR.PA  
   


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