Brief: Global Dominion Q3 Net Profit Down 69% YoY, Says Recovery To Continue In Q4

Global Dominion Access

29/10/2020 06:55

Oct 29 (Reuters) - Global Dominion Access SA  DOMI.MC :
    * Q3 RENEVUE 248.8 MILLION EUROS VERSUS 281.8 MILLION EUROS
YEAR
AGO
    * Q3 NET PROFIT 3.2 MILLION EUROS VERSUS 10.2 MILLION EUROS
YEAR
AGO
    * Q3 EBITDA 18.2 MILLION EUROS VERSUS 26.1 MILLION EUROS
YEAR AGO
    * REAFFIRMS WILL CONTINUE TO CREATE VALUE IN 2020, WITH
POSITIVE
RESULTS AND GENERATION OF 2020 OPERATING CASH FLOW
    * SAYS IN 2021 WILL RECOVER PRE-COVID LEVELS OF ACTIVITY AND
PROFITABILITY, TOGETHER WITH THE ROAD TO GROWTH DEFINED IN
STRATEGIC PLAN
    * SAYS Q3 RESULTS CONTINUED TO BE AFFECTED BY COVID-19,
ALTHOUGH
LESS THAN DURING THE PREVIOUS QUARTER
    * SAYS Q3 RESULTS SHOWED RECOVERY BOTH IN TERMS OF SALES AND
NET
INCOME, ALMOST RETURNING TO Q1 LEVELS
    * SAYS RECOVERY IS EXPECTED TO CONTINUE DURING Q4


Source text for Eikon:  ID:nCNM6gvyKy 
Further company coverage:  DOMI.MC 

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