Brief: Mondo TV France H1 net result turns to loss of 137,322 euros, approves business plan 2016-2018

Mondo TV France SA

30/09/2016 07:44

Sept 30(Reuters) - Mondo TV France SpA  MTFR.MI : 
    * Reported on Thursday H1 revenue of 238,153 euros  
($267,160.04) versus 2.8 million euros a year ago  
    * H1 net loss of 137,322 euros versus profit of 87,000 euros 
a year ago  
    * Approves business plan 2016-2018 
    * Expects increase in revenues from around 853,000 euros in 
2016 to 13.5 million euros in 2018 
    * Expects EBITDA growth from negative EBITDA of 141,000 
euros in 2016 to positive EBITDA of 7.9 million euros in 2018 
    * Expects to return to profit in 2017 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA29340 
     
 Further company coverage:  MTFR.MI   
    
 
 
 
($1 = 0.8914 euros) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))