Brief: Euro Ressources Q1 Net Profit Down At 3.6 Million Euros

Euro Ressources SA

09/05/2019 07:05

May 9(Reuters) - EURO RESSOURCES SA  EURR.PA :
    * REPORTED ON WEDNESDAY Q1 REVENUES EUR 5.9 MILLION VS EUR
5.6
MILLION YEAR AGO
    * Q1 NET PROFIT IFRS EUR 3.6 MILLION VS EUR 3.9 MILLION YEAR
AGO
    * Q1 INCOME TAX EXPENSE EUR 2.3 MILLION VS EUR 1.6 MILLION
YEAR
AGO
    * CASH AT MARCH 31 WAS EUR 31.4 MILLION VS EUR 25.7 MILLION
AT DEC
31
    * IN 2019 ROSEBEL ROYALTY IS EXPECTED TO PROVIDE REVENUES OF
BETWEEN CIRCA EURO 24.5 MILLION AND EURO 25.7 MILLION 
    * FOR 2019 CASH FLOW IS EXPECTED TO BE PRIMARILY AFFECTED BY
INCOME TAX PAYMENTS
    * IN 2019 THE IMPACT OF A 5 PCT CHANGE IN THE AVERAGE
FOREIGN
EXCHANGE RATE ON FY REVENUES WOULD BE APPROXIMATELY EURO 1.3
MILLION

     
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