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GFG - Global Fashion SA News Story

€6.25 0.4  7.4%

Last Trade - 4:35pm

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £930.5m
Enterprise Value £773.1m
Revenue £1.22bn
Position in Universe 366th / 1039

BRIEF-Global Fashion Group 9-Mth Adj. EBITDA Loss Of EUR 37.8 Mln

Wed 13th November, 2019 7:04am
Nov 13 (Reuters) - GLOBAL FASHION GROUP SA  GFG.DE :
    * CONTINUES GROWTH WITH STRONG THIRD QUARTER AND GUIDANCE
RECONFIRMED
    * Q3 ADJUSTED EBITDA MARGIN WAS (2.8)% IN QUARTER, IMPROVING
3.1PP
YEAR ON YEAR, DRIVEN PRIMARILY BY IMPROVED GROSS MARGIN
    * OVERALL GUIDANCE PROVIDED IN H1 MANAGEMENT REPORT IS
RECONFIRMED
    * 9-MONTH ADJUSTED EBITDA AT EUR -37.8 MILLION VERSUS EUR
-45.9
MILLION YEAR AGO
    * 9-MONTH GROSS PROFIT AT EUR 370.9 MILLION VERSUS EUR 311.3
MILLION YEAR AGO

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

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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