Brief: Guerbet End-June Revenue Down At 363.7 Million Euros

Guerbet SA

23/07/2020 17:56

July 23 (Reuters) - GUERBET SA  GRBT.PA :
    * REVENUE WAS EUR 363.7 MILLION AT JUNE 30, DOWN 9.2%
COMPARED
WITH FIRST HALF OF 2019, INCLUDING AN UNFAVORABLE FOREX IMPACT
OF EUR 3.4 MILLION
    * AT CONSTANT EXCHANGE RATES (CER), REVENUE TOTALED EUR
367.1
MILLION, DOWN 8.4%
    * REVENUE IN AMERICAS FELL 17.2% (-13.6% AT CER) TO EUR
102.7
MILLION DUE TO LOWER VOLUMES DESPITE GOOD PRICE RESISTANCE
    * IN ASIA, SALES WERE UP 10.4% AT EUR 84.2 MILLION (+9% AT
CER).
THEY CONTINUED TO BENEFIT FROM UPWARD MOMENTUM IN VOLUMES
ALREADY OBSERVED DURING Q1
    * REAFFIRMED CONFIDENCE IN GROUP'S OUTLOOK

Source text for Eikon:  ID:nGNE9LYklk 
Further company coverage:  GRBT.PA 

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