Brief: Groupe LDLC H1 EBITDA Up At 7.1 Million Euros

Groupe LDLC SA

12/12/2019 17:38

Dec 12 (Reuters) - Groupe LDLC SA  ALLDL.PA :
    * H1 FINANCIAL UPDATE
    * H1 CONSOLIDATED REVENUES OF €222.0M (DOWN 5.4% VERSUS. H1
2018/2019); REVENUES (EXCLUDING. MATERIEL.NET & MAGINÉA) UP 4.4%
    * H1 EBITDA UP €7.1 MILLION TO €4.7 MILLION
    * LDLC GROUP CONFIDENTLY EXPECTS TO GENERATE FULL-YEAR
2019/2020
REVENUES OF AROUND EUR 500 MILLION
    * NET DEBT DOWN €43.2 MILLION TO €17.1 MILLION AT 30
SEPTEMBER
2019
    * LDLC GROUP CONFIDENTLY EXPECTS TO GENERATE FULL-YEAR
2019/2020
EBITDA OF EUR 14 MILLION (VERSUS. €1.8M IN 2018/2019 UNDER
FRENCH GAAP)
    * H1 NET PROFIT GROUP SHARE EUR 7.7 MILLION VERSUS LOSS OF
EUR 4.2
MILLION YEAR AGO
    * GROUP IS NOW ENTERING A FURTHER PHASE OF PROFITABLE GROWTH
DRIVEN BY A STRUCTURAL HIKE IN ITS NORMAL GROSS MARGIN RATE

Source text for Eikon:  ID:nNDLbnBj8T 
Further company coverage:  ALLDL.PA 

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