Brief: Gaussin H1 Ebitda Loss At EUR 10.7 Million

Gaussin SA

31/10/2023 17:15

Oct 31 (Reuters) - Gaussin SA  ALGAU.PA :
    * END-JUNE NET PROFIT: –€23.8 MILLION COMPARED TO -€13
MILLION IN
H1 2022
    * ORDER BOOK: 155 MILLION EUR OF FIRM ORDERS AS OF JUNE 30,
2023
    * H1 EBITDA LOSS EUR 10.7 MILLION VERSUS LOSS EUR 10.7
MILLION
YEAR AGO
    * CASH: €20 MILLION AS OF OCTOBER 16 COMPARED TO €10.2
MILLION AS
OF DECEMBER 31, 2022
    * END-JUNE TURNOVER AND LICENSING REVENUE: €13.6 MILLION
COMPARED
TO €26.5 MILLION IN H1 2022, I.E. -49%
    * OUTLOOK: SOON, A NEW EXECUTIVE COMMITTEE WILL BE FORMED TO
CARRY
OUT THE GROUP'S MAJOR STRATEGIC ORIENTATIONS AROUND THE DEPUTY
MANAGING DIRECTOR
    * OUTLOOK: IN VIEW OF THE FORTHCOMING NEW GOVERNANCE
STRUCTURE,
THE GROUP'S STRATEGIC OBJECTIVES ARE CURRENTLY BEING REVIEWED
    * RESULTS SHOULD IMPROVE IN H2 WITH INCREASE IN INVOICING
LINKED
TO TRANSFORMATION OF PRODUCTION IN PROGRESS INTO TURNOVER
    * DMYTRO KHORUZHYI HAS BEEN APPOINTED DEPUTY CEO ALONGSIDE
CHRISTOPHE GAUSSIN

Source text for Eikon:  urn:newsml:reuters.com:*:nACT82653
Further company coverage:  ALGAU.PA 

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