Brief: Memscap Announces Q4 Avionics Business Up 11%

Memscap SA

23/01/2020 07:29

Jan 23 (Reuters) - MEMSCAP SA  MEMS.PA :
    * Q4 2019: AVIONICS BUSINESS UP +11% IN Q4 2019
    * Q4 19 OPERATING AND NET EARNINGS AT BREAK-EVEN POINT
    * QUARTERLY CONSOLIDATED SALES AT 3.2 MILLION EUROS VERSUS
3.1
MILLION EUROS IN Q4 18
    * EBITDA FOR Q4 OF 2019 AMOUNTED TO +0.3 MILLION EUROS
COMPARED TO
+0.4 MILLION EUROS FOR Q4 OF 2018
    * Q4 OF 2019 CONFIRMED ROBUSTNESS OF GROUP'S AVIONICS
ACTIVITIES
REPRESENTING 53% OF (NON-AUDITED) ANNUAL CONSOLIDATED REVENUE
    * THIS QUARTER ALSO MARKED SIGNIFICANT RECOVERY IN SALES FOR
OPTICAL COMMUNICATIONS BUSINESS

Source text for Eikon:  ID:nBw3kDGRza 
Further company coverage:  MEMS.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com;))