Brief: Fagron H1 REBITDA Down 11% TO EUR 56.0 Mln

Fagron NV

05/08/2021 06:30

Aug 5 (Reuters) - Fagron NV  FAGRO.BR :
    * H1 REVENUE FELL 0.8 PERCENT TO 276.6 MILLION EUR
    * REPORTS H1  TURNOVER OF EUR 276.6 MLN
    * H1 GROSS MARGIN DECREASED 140 BPS TO 58.4% DUE TO
TEMPORARY
COVID-RELATED IMPACT
    * H1 REBITDA1 DECREASED 11.0% TO € 56.0 MILLION
    * H1 OPERATING CASH FLOW INCREASED 15.1% TO € 31.3 MILLION
    * OUTLOOK FOR 2021: FURTHER TURNOVER GROWTH WITH A REBITDA
BETWEEN
€ 118 AND € 124 MILLION 
    * WE ARE ALSO ACTIVELY LOOKING AT ACQUISITION OPPORTUNITIES,
IN
EMEA AND NORTH AMERICA IN PARTICULAR

Source text for Eikon:  ID:nGNE4NDGV1 
Further company coverage:  FAGRO.BR 

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