Brief: Linedata H1 EBITDA Up 13% Y/Y

Linedata Services SA

11/09/2019 17:14

Sept 11 (Reuters) - Linedata Services SA  LDSV.PA :
    * REG-LINEDATA: 2019 FIRST HALF-YEAR RESULTS IMPROVEMENT IN THE OPERATING
MARGIN
    * H1 REVENUES OF EUR 84.8 MILLION; AN INCREASE OF 1.2% COMPARED TO FIRST
HALF OF
2018
    * H1 EBITDA AMOUNTED TO EUR 21.5 MILLION; AN INCREASE OF 13.1% COMPARED TO
FIRST
HALF OF 2018
    * H1 OPERATING INCOME REACHED EUR 13.3 MILLION, UP 12.1%, DUE TO A
SIGNIFICANT
DECREASE IN PROVISIONS FOR RISKS AND FOR BAD DEBT
    * INVESTMENTS IN THEIR INTEGRATION WILL BE INTENSIFIED IN H2
    * ANTICIPATES REVENUE CLOSE TO THAT OF 2018 DESPITE NEGATIVE IMPACT OF
SHUTDOWN OF
BOT ACTIVITY

Source text for Eikon:  ID:nGNEbg1Qrz 
Further company coverage:  LDSV.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))