Brief: Logic Instrument FY Operating Result Swings To Loss Of EUR 97,000

Logic Instrument SA

26/02/2021 17:19

Feb 26 (Reuters) - Logic Instrument SA  ALLOG.PA :
    * CONSOLIDATED TURNOVER AT THE END OF DECEMBER 2020 STOOD AT
9.1
MEUR AGAINST 12.3 MEUR THE PREVIOUS YEAR
    * GROSS MARGIN FOR THE YEAR 2020 STANDS AT 3.2 MEUR
    * AT THE END OF 2020, GROUP HAS HEALTHY BALANCE SHEET AND
HAS
MANAGED TO LIMIT IMPACT OF COVID PANDEMIC 19
    * GROUP'S CASH POSITION INCREASED SHARPLY AT 12/31/2020
    * REMAINS CAUTIOUS FOR THE FIRST HALF OF 2021 AND WILL
CONTROL
ACTIVELY OPERATING ITS OPERATING EXPENSES IN THE FACE OF AN
ONGOING PANDEMIC CRISIS
    * END-DEC OPERATING LOSS OF EUR 97,000 VERSUS PROFIT OF EUR
101,000 YEAR AGO

Source text for Eikon:  ID:nACT68063 
Further company coverage:  ALLOG.PA 

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