Brief: Fugro NV - Fugro Q2 Revenue At Eur 389.5 Million

Fugro NV

29/07/2021 07:12

July 29 (Reuters) - 
    * FUGRO NV - FUGRO HALF-YEAR FINANCIAL RESULTS 2021
    * FUGRO NV - RETURN TO GROWTH IN Q2 AND IMPROVED MARGINS
    * FUGRO NV - IN THE SECOND QUARTER, REVENUE WAS UP BY 14.1%;
THE
FIRST INCREASE SINCE THE START OF THE PANDEMIC
    * FUGRO NV - OUTLOOK FULL-YEAR 2021: REVENUE GROWTH, MODEST
MARGIN
IMPROVEMENT AND AROUND BREAK-EVEN FREE CASH FLOW
    * FUGRO NV - FREE CASH FLOW WAS EUR 52.5 MILLION NEGATIVE
DUE TO
HIGHER WORKING CAPITAL DRIVEN BY REVENUE GROWTH, SEASONALITY AND
AN EXCEPTIONALLY LOW LEVEL AT YEAR-END 2020
    * FUGRO NV - NET DEBT AT THE END OF THE SECOND QUARTER WAS
EUR
368.4 MILLION
    * FUGRO NV - Q2 REVENUE EUR 389.5 MILLION
    * FUGRO NV - Q2 EBITDA EUR 59.8 MILLION VERSUS EUR 54.1
MILLION
YEAR AGO
    * FUGRO NV - H1 NET RESULT EUR 5.4 MILLION VERSUS LOSS EUR
51.6
MILLION YEAR AGO

Source text for Eikon:  ID:nNDL5vL1g2 
Further company coverage: [ FUGR.AS]

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