Brief: Koninklijke Brill H1 EBITDA Rises To 1.2 Million Euros

Koninklijke Brill NV

29/08/2019 17:23

Aug 29 (Reuters) - KONINKLIJKE BRILL NV  BRIL.AS :
    * H1 PROFIT EUR 58,000 VERSUS EUR 0.1 MILLION YEAR AGO
    * H1 EBITDA EUR 1.2 MILLION VERSUS EUR 1.1 MILLION YEAR AGO
    * H1 REVENUES EUR 16.8 MILLION VERSUS EUR 16.1 MILLION YEAR AGO
    * WE HAVE A GOOD H2 PIPELINE FOR PRODUCT RELEASES
    * BRILL IS CAUTIOUS ABOUT FY OUTLOOK DUE TO UNCERTAINTIES AROUND BREXIT AND UK BASED
DISTRIBUTION
    * WE EXPECT TO ACHIEVE A MODEST REVENUE GROWTH IN THE FULL YEAR
    * SEES 2019 IMPROVED EBITDA AND PROFIT BEFORE TAX, ALSO WHEN CORRECTING FOR THE IMPACT OF
IFRS 16
    * IN 2019 WE EXPECT THE ONE-TIME EXPENSES RELATED TO THE PROFIT IMPROVEMENT PLAN TO BE EUR
0.4M
    * IN 2019 NET PROFIT WILL DECLINE VERSUS 2018
    * H1 CASH FLOW FROM OPERATING ACTIVITIES IMPROVED VERSUS LAST YEAR, MAINLY DUE TO IMPROVED
WORKING
CAPITAL, HIGHER EBITDA AND LOWER INCOME TAX PAID


Further company coverage:  BRIL.AS 

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