Brief: La Perla End-June EBITDA Loss Narrows To 21.1 Million Euros

La Perla Fashion Holding NV

30/10/2020 10:37

Oct 30 (Reuters) - LA PERLA FASHION HOLDING NV  ALPER.PA :
    * ANNOUNCED ON THURSDAY INTERIM END-JUNE RESULTS
    * END-JUNE REVENUE EUR 27.5 MLN VS EUR 40.3 MLN YR AGO
    * END-JUNE EBITDA LOSS OF EUR 21.1 MLN VS LOSS OF EUR 21.7
MLN YR
AGO
    * END-JUNE LOSS FOR THE YEAR OF EUR 41.3 MLN VS LOSS OF EUR
44.5
MLN YR AGO
    * END-JUNE CASH AND CASH EQUIVALENTS OF EUR 5.9 MLN VS EUR
11.4
MLN YR AGO
    * END-JUNE NET FINANCIAL DEBT OF EUR 155.8 MLN VS EUR 121.2
MLN YR
AGO
    * FINANCING ARRANGEMENTS INCLUDE LOAN BY TENNOR HOLDING B.V.
AND
LA PERLA FASHION FINANCE B.V. IN AGGREGATE PRINCIPAL AMOUNT OF
UP TO EUR 250 MLN, WHICH DOES NOT MATURE OVER THE NEXT 12 MONTHS
    * TOTAL AMOUNT OUTSTANDING UNDER THIS LOAN STANDS AT €161.2
MLN AS
OF 30 JUNE 2020, INCLUSIVE OF €16.4 MLN OF ACCRUED INTEREST AND
€5.7M OF ACCRUED FEES
    * GROUP CANNOT ADEQUATELY DETERMINE FUTURE EFFECT OF
COVID-19 ON
BUSINESS, THEREFORE CURRENTLY NOT PROVIDING FORWARD GUIDANCE

        
 Source text: https://bit.ly/3oz8hLM
 Further company coverage:  ALPER.PA  
   


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