Brief: Miliboo H1 Net Loss Widens To 1.2 Million Euros

Miliboo SA

09/01/2020 18:14

Jan 9 (Reuters) - Miliboo SA  ALMLB.PA :
    * H1 NET LOSS EUR 1.2 MILLION VERSUS LOSS OF EUR 0.4 MILLION
YEAR
AGO
    * H1 RECORD 33% SALES GROWTH
    * H1 EBITDA LOSS (RESTATED) EUR 0.2 MILLION VERSUS LOSS OF
EUR 0.1
MILLION YEAR AGO
    * OUTLOOK: MILIBOO HAS MADE IT A PRIORITY TO INCREASE ITS
COST
OPTIMIZATION EFFORTS AND IMPROVE COMMERCIAL MARGIN
    * H1 CASH POSITION AMOUNTED TO € 1.3 MILLION, FOR GROSS
FINANCIAL
DEBT OF € 3.5 MILLION, I.E. NET DEBT OF € 2.2 MILLION
    * AIMS A RESTATED EBITDA AT BREAKEVEN

Source text: https://bit.ly/35IDPEB
Further company coverage:  ALMLB.PA 

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