Brief: Herige H1 EBITDA Up At EUR 12.1 Mln

Herige SA

07/09/2021 17:06

Sept 7 (Reuters) - Herige SA  ALHRG.PA :
    * EBITDA X2.2 VERSUS H1 2020
    * H1 EBITDA EUR 27.0 MILLION VERSUS EUR 12.1 MILLION YEAR AGO
    * H1 TURNOVER EUR 374.9 MILLION VERSUS EUR 271.8 MILLION YEAR AGO
    * IN SECOND-HALF 2021, AGAINST A HIGHER BASIS FOR COMPARISON AND A
MACROECONOMIC
BACKDROP STILL MARKED BY UNCERTAINTY, GROUP IS EXPECTED TO CONTINUE TO ENJOY
STRONG MOMENTUM ACROSS ALL ITS MARKETS
    * IT IS STILL ON LOOKOUT FOR OPPORTUNITIES THAT COULD SERVE ITS PROFITABLE
GROWTH
STRATEGY
    * H1 NET PROFIT GROUP SHARE EUR 12.4 MILLION VERSUS EUR 2.2 MILLION YEAR AGO
    * END-JUNE NET FINANCIAL DEBT FELL TO EUR81.9 MILLION, REPRESENTING A NET
GEARING
RATIO OF 70%, DOWN 23 POINTS COMPARED TO END-JUNE 2020 AND DOWN 20 POINTS
COMPARED TO END-JUNE 2019

Source text for Eikon:  ID:nACT70889 
Further company coverage:  ALHRG.PA 

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