Brief: Media 6 H1 Net Result Swings To Loss Of EUR 0.2 Mln

Media 6 SA

12/06/2020 17:29

June 12 (Reuters) - Media 6 SA  MED6.PA :
    * BOARD OF DIRECTORS MEETING HELD TODAY APPROVED THE PAYMENT OF THIS
DIVIDEND ON
JUNE 24, 2020
    * DATE OF PAYMENT OF DIVIDEND WOULD BE DECIDED AT A LATER DATE BY THE BOARD
OF
DIRECTORS AFTER TAKING INTO ACCOUNT THE ECONOMIC CONTEXT (THIS SNAP WAS
CORRECTED TO CLARIFY THE COMPANY POSTPONED THE PAYMENT IN APRIL)
    * H1 NET LOSS GROUP SHARE EUR 196,000 VERSUS PROFIT EUR 0.6 MILLION YEAR AGO
    * IMPACT OF COVID-19 CRISIS ON BUSINESS WILL BE MORE SIGNIFICANT IN H2, WHEN
THE
GROUP ANTICIPATES DECLINE IN REVENUE OF AROUND 30% ON A LIKE-FOR-LIKE BASIS
    * H1 OPERATING LOSS (BEFORE GOODWILL IMPAIRMENT) EUR 0.3 MILLION VERSUS
PROFIT EUR
1.1 MILLION YEAR AGO
    * ANTICIPATES OPERATIONAL LOSS BEFORE GOODWILL IMPAIRMENT OF AROUND 3 MLN
EUROS

Further company coverage:  MED6.PA 

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