Brief: Munic H1 Net Loss Widens To 4.3 Million Euros

Munic SA

24/09/2020 17:25

Sept 24 (Reuters) - Munic SA  ALMUN.PA :
    * CONFIRMATION OF OBJECTIFS 2023
    * NET CASH OF €5.5M AT 30 JUNE 2020
    * H1 REVENUE EUR 2.5 MILLION VERSUS  EUR 3.1 MILLION YEAR
AGO
    * H1 ADJUSTED OPERATING LOSS EUR 2.7 MILLION VERSUS LOSS 
EUR 1.9
MILLION YEAR AGO
    * OUTLOOK: CONFIRMS LONG TERM AMBITION OF EUR 100 MILLION
REVENUE
BY 2023
    * H1 NET LOSS OF EUR 4.3 MILLION VERSUS LOSS EUR 2.3 MILLION
YEAR
AGO
    * COVID-19 SITUATION REMAINS LIKELY TO CALL INTO QUESTION
GOAL OF
STRONG BUSINESS GROWTH IN 2020

Source text for Eikon:  ID:nACT65200 
Further company coverage:  ALMUN.PA 

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