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GFG - Global Fashion SA News Story

€5.94 0.3  4.7%

Last Trade - 10:14am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £903.4m
Enterprise Value £746.6m
Revenue £1.21bn
Position in Universe 372nd / 1038

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

Thu 9th July, 2020 7:34pm
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;))
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