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ALLGO — Largo SA News Story

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Brief: Largo H1 EBITDA Loss Widens To EUR 1.5 Mln

Oct 20 (Reuters) - LARGO SA  ALLGO.PA :
    * CONFIRMATION OF THE OBJECTIVES ANNOUNCED DURING THE IPO:
POSITIVE EBITDA IN 2022, 2025 TURNOVER GREATER THAN € 70 MILLION
AND 2025 EBITDA AT 7%
    * SALES FOR THE FIRST HALF OF 2021 AMOUNTED TO € 6.2
MILLION, AN
INCREASE OF + 63% COMPARED TO JUNE 30, 2020
    * NET RESULT STANDS AT -2.2 M € IN H1
    * IN TOTAL, EBITDA AMOUNTED TO - € 1.5 MILLION AND OPERATING
INCOME TO - € 1.9 MILLION COMPARED TO RESPECTIVELY - € 0.9
MILLION AND - € 1.2 MILLION AT JUNE 30, 2020

Source text for Eikon:  ID:nBw7sSZQza 
Further company coverage:  ALLGO.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))

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