Brief: Keyware Technologies H1 EBITDA Stable At 1.5 Million Euros

Monni NV

28/08/2020 08:30

Aug 28 (Reuters) - KEYWARE TECHNOLOGIES NV  KEYW.BR :
    * ANNOUNCED ON THURSDAY H1 NET PROFIT AMOUNTS TO EUR 278,000
COMPARED WITH EUR 438,000 IN 2019 
    * H1 EBITDA EUR 1.5 MLN VS EUR 1.5 MLN YR AGO 
    * H1 REVENUE EUR 7.7 MLN VS EUR 9.1 MLN YEAR AGO 
    * FINANCIAL DEBTS AT 30 JUNE 2020 AMOUNT TO KEUR 2,842
COMPARED
WITH KEUR 4,209 AT 31. DECEMBER 2019
    * BOTH COVID-19 AND THE CHOICE OF A NEW AUTHORISATION
PARTNER ARE
CURRENTLY INFLUENCING OUR FIGURES - CEO
    * COVID-19 MAINLY IMPACTS TURNOVER
    * WE EXPECT THAT COVID-19 WILL CONTRIBUTE TO FURTHER
PROMOTING
ELECTRONIC AND CONTACTLESS PAYMENTS, WHILE OUR NEW COOPERATION
ON PAYMENT TRANSACTIONS WILL FURTHER IMPROVE OUR MARGINS - CEO 
    * EXPECTS REVENUE FROM AUTHORISATIONS IN H2 OF 2020 TO
REMAIN NOT
ONLY BELOW THE LEVEL OF THE COMPARABLE SECOND HALF OF 2019, BUT
ALSO BELOW THE LEVEL OF THE FIRST HALF OF 2020
    * FOR THE PAYMENT TERMINALS AND SOFTWARE SEGMENTS, THERE ARE
NO
INDICATORS THAT THE SECOND HALF OF 2020 WOULD SUFFER SEVERELY
FROM COVID-19

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL7Y4cDz
 Further company coverage:  KEYW.BR  
   

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