Brief: Guerbet Q1 Revenue Down 11.5% At 176.3 Million Euros

Guerbet SA

22/04/2021 17:41

April 22 (Reuters) - GUERBET SA  GRBT.PA :
    * Q1 REVENUE 176.3 MILLION EUR
    * AS OF MARCH 31, 2021, REPORTED REVENUE WAS EUR 176.3
MILLION,
DOWN 11.5% FROM MARCH 31, 2020
    * Q1 REPORTED REVENUE OF EUR 176.3 MILLION, IMPACTED BY A
SIGNIFICANT CURRENCY EFFECT
    * REMAINS CONFIDENT THAT REVENUE GROWTH WILL RETURN IN 2021
STARTING IN Q2
    * TARGETS IN SHORT TERM, A GROWING EBITDA IN 2021, WITH A
MINIMUM
RATE EBITDA/SALES AT LEAST EQUAL TO 2020 FISCAL YEAR RATE
(14.1%)
    * TARGETS IN MEDIUM TERM, AN IMPROVING EBITDA/SALES RATE TO
ENSURE
STRONG, LASTING GROWTH FOR GROUP

Source text for Eikon:  ID:nGNEbgDV43 
Further company coverage:  GRBT.PA 

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