Brief: IT Link FY EBITDA Grows To 4.6 Million Euros

IT Link SA

31/03/2020 18:17

March 31 (Reuters) - IT Link SA  ITLI.PA :
    * FY NET RESULT EUR 2.6 MILLION VERSUS EUR 1.4 MILLION YEAR
AGO
    * FY REVENUE EUR 52.0 MILLION VERSUS EUR 43.8 MILLION YEAR
AGO
    * ON CORONAVIRUS: SINCE MID-MARCH, THE COVID-19 CRISIS HAS
LED TO
A PARTIAL SUSPENSION OF ACTIVITY
    * ON CORONAVIRUS: SUSPENDS ITS GOAL OF INCREASING ITS
TURNOVER BY
MORE THAN 10% IN FIRST HALF
    * FY EBITDA EUR 4.61 MILLION VERSUS EUR 3.5 MILLION YEAR AGO
    * GROUP'S NET DEBT (INCLUDING THAT LINKED TO FACTOR)
AMOUNTED TO €
2 MILLION AT END OF 2019, COMPARED TO € 4.8 MILLION AT 31
DECEMBER 2018
    * ON CORONAVIRUS: SHOULD HAVE AN IMPACT IN THE SECOND
QUARTER OF
2020
    * GROSS CASH TO DATE AMOUNTS TO € 4.4 MILLION, TO WHICH CAN
BE
ADDED IF NECESSARY MORE THAN € 4.1 MILLION
    * ON CORONAVIRUS: SOME PROJECTS NOT ELIGIBLE FOR TELEWORK
HAVE
BEEN SUSPENDED FOR THE DURATION OF THE CONTAINMENT PERIOD, OR
EVEN STOPPED
    * ON CORONAVIRUS: AS OF MARCH 31, 2020, THE PERCENTAGE OF
PRODUCTION CONSULTANTS WAS 62% COMPARED TO AN AVERAGE OF 87% IN
MARCH 2019

Source text for Eikon:  ID:nGNE2ZCCjM 
Further company coverage:  ITLI.PA 

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