Brief: Fagron H1 REBITDA Up At 62.9 Million Euros

Fagron NV

06/08/2020 11:33

Aug 6 (Reuters) - FAGRON NV  FAGRO.BR :
    * FAGRON TURNOVER UP 9.1%; REBITDA INCREASED 13.2% TO € 62.9
MILLION IN H1
    * DUE TO COVID-19 PANDEMIC, CONSTRUCTION OF NEW GMP FACILITY
IN
KRAKOW, POLAND, FOR REPACKAGING OF RAW MATERIALS HAS BEEN
SLIGHTLY DELAYED
    * H1 NET PROFIT INCREASED TO EUR 31.6 MILLION (+144.0%)
    * H1 REBITDA UP 13.2% TO EUR 62.9 MILLION (+18.6% CER)
    * H1 TURNOVER INCREASED 9.1% TO EUR 278.8 MILLION (+14.0%
CER)
    * H1 OPERATING CASH FLOW OF EUR 27.2 MILLION
    * NEW GPM FACILITY IN KRAKOW IS EXPECTED TO BE OPERATIONAL
IN
EARLY 2021 AND RESULT IN A STRUCTURAL ANNUAL MARGIN IMPROVEMENT
OF EUR 2 MILLION

Source text for Eikon:  ID:nGNE2g7p8F 
Further company coverage:  FAGRO.BR 

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