Brief: Rafamet Prelim. H1 Net Loss At 0.9 Million Zlotys

Fabryka Obrabiarek Rafamet SA w restrukturyzacji

04/09/2018 12:17

Sept 4 (Reuters) - FABRYKA OBRABIAREK RAFAMET SA  RAFP.WA :
    * PRELIM. H1 NET LOSS OF 0.9 MILLION ZLOTYS VERSUS LOSS OF 1.5 MILLION
ZLOTYS YEAR
AGO
    * PRELIM. H1 EBITDA 4.8 MILLION ZLOTYS VERSUS 3.7 MILLION ZLOTYS YEAR AGO
    * PRELIM. H1 REVENUE 60 MILLION ZLOTYS VERSUS 49.9 MILLION ZLOTYS YEAR AGO
    * SAYS H1 RESULTS HURT BY SETTING UP RESERVE FOR UNUSED EMPLOYEE HOLIDAYS
AND AN
INCREASE IN RETIRING ALLOWANCE PAYMENTS AND JUBILEE PRIZES  
    * MANAGEMENT SAYS IT CAN BE ASSUMED THAT FINANCIAL RESULTS AT THE END OF
2018 WILL
BE POSITIVE 

Source text for Eikon:  ID:nEM4ZnXy7a 
Further company coverage:  RAFP.WA 

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