Brief: Dgap-Adhoc Global Fashion Group Expects Positive Adjusted EBITDA, Strong Cash Generation In Q2

Global Fashion SA

09/07/2020 19:34

July 9 (Reuters) - Global Fashion Group SA  GFG.DE :
    * EXPECTS POSITIVE ADJUSTED EBITDA AND STRONG CASH
GENERATION IN
Q2
    * IN Q2 PERFORMANCE IS EXPECTED TO BE  ABOVE CURRENT MARKET
EXPECTATIONS, FOR ADJUSTED EBITDA MARGIN RANGES FROM (2.0)% TO
0.7
    * EXPERIENCED STRONG RECOVERY IN SALES FROM LATE APRIL WITH
ORDER
INTAKE UP OVER 30% SINCE START OF MAY COMPARED TO SAME PERIOD
LAST YEAR

Source text for Eikon:  ID:nEQ5nM7p6a 
Further company coverage:  GFG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))