Brief: HF Company H1 Net Loss Group Share Narrows To 1.4 Million Euros

HF SA

29/10/2021 16:44

Oct 29 (Reuters) - HF COMPANY:
    * H1 GROUP OPERATING LOSS EUR 1.1 MILLION VERSUS LOSS OF EUR
0.9
MILLION YEAR AGO
    * H1 NET LOSS GROUP SHARE EUR 1.4 MILLION VERSUS LOSS OF EUR
9.1
MILLION YEAR AGO
    * H1 GROUP EBITDA LOSS EUR 0.5 MILLION VERSUS LOSS OF EUR
0.2
MILLION YEAR AGO
    * THE DISPOSAL OF HOME DIGITAL LIFE BUSINESS TO BIGBEN
INTERACTIVE
WILL SIGNIFICANTLY REDUCE LEVEL OF ACTIVITY FROM Q4
    * OUTLOOK 2021 : GROUP IS CONSIDERING VARIOUS OPTIONS FOR
USING
ITS STRONG NET CASH POSITION AND FOR REDEPLOYMENT/REPOSITIONING
OF ITS ACTIVITIES
    * NET CASH POSITION OF ALL FINANCIAL DEBT IS CLOSE TO EUR 25
MILLION
    * NET CASH POSITION SHOULD BE INCREASED BY PAYMENT OF TWO
EARNOUTS
OF EUR 2 MILLION EACH IN 2023 AND 2024, DEPENDING ON 2022 AND
2023 PERFORMANCE OF DIVESTED BUSINESS

Source text for Eikon:  ID:nGNE5k7tR1 
Further company coverage:  ALHF.PA 

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