Brief: Navya: H1 Recurring Operating Loss Was EUR 5.6 Million

Navya SA

27/09/2018 19:33

Sept 27 (Reuters) - NAVYA SAS  NAVYA.PA :
    * NAVYA: A GOOD FIRST HALF BOLSTERING THE GROUP’S AMBITIONS
    * SEES IMPROVEMENT IN H1 GROSS MARGIN TO OVER 19%
    * SEES INCREASE OF CLOSE TO 30% IN H1 RESEARCH AND
DEVELOPMENT AND
SALES & MARKETING TEAMS
    * H1 REVENUES OF EUR 9 MILLION AND SUBSTANTIAL IMPROVEMENT
IN
GROSS MARGIN TO OVER 19%
    * AS OF 30TH OF JUNE 2018, NAVYA HAD A NET CASH POSITION OF
EUR
6.2 MILLION.
    * H1 RECURRING OPERATING LOSS WAS EUR 5.6 MILLION AND
OPERATING
LOSS EUR 7 MILLION

Source text for Eikon:  ID:nBw2FbnGqa 
Further company coverage:  NAVYA.PA 

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