Brief: Guerbet H1 Operating Income Of 25.4 Million Euros

Guerbet SA

23/09/2020 16:52

Sept 23 (Reuters) - GUERBET SA  GRBT.PA :
    * 2020 HALF-YEAR RESULTS
    * 2020 OBJECTIVES: EBITDA MARGIN AROUND 14%
    * SECOND-HALF REVENUE COMPARABLE WITH THE FIRST HALF,
LEADING TO A
DECREASE OF APPROXIMATELY 10% OVER THE YEAR AT CER
    * LONG-TERM REDUCTION OF STRUCTURAL COSTS, IMPROVING
OPERATIONAL
LEVERAGE
    * H1 OPERATING INCOME OF €25.4 MILLION
    * H1 NET INCOME OF €8.2 MILLION
    * IMPROVEMENT OF THE ALREADY VERY SOLID FINANCIAL STRUCTURE
    * H1 REVENUE (PUBLISHED) EUR 363.7 MILLION VERSUS EUR 400.6
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE6ZbQ4n 
Further company coverage:  GRBT.PA 

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