Brief: Novabase SA 9-Month Turnover Up At 93.3 Mln Euros YoY

Novabase SGPS SA

05/11/2020 17:28

Nov 5 (Reuters) - Novabase SGPS SA  NBA.LS :
    * 9-MONTH TURNOVER 93.3 MILLION EUROS VERSUS 83.6 MILLION
EUROS
YEAR AGO
    * NO RELEVANT IMPACTS DUE TO COVID-19 PANDEMIC IN 9-MONTH
PERFORMANCE
    * SOLID NET CASH POSITION OF 49.4 MILLION EUROS AT 9-MONTHS
    * SAYS NEXT MONTHS ARE STILL SURROUNDED BY GREAT UNCERTAINTY
    * THE VALUE PORTFOLIO SLOWED ITS GROWTH TO 12% YOY
REFLECTING
LOCALIZED COVID-19 IMPACTS - CEO
    * SAYS EXPECTS DELAYS IN M&A
    * ALTHOUGH COVID-19 DID NOT IMPACT SIGNIFICANTLY OUR 9M20,
WE
REMAIN CAUTIOUS IN THE SHORT-TERM BUT OPTIMISTIC IN THE MEDIUM
TERM - CEO

Source text for Eikon:  ID:nNDLbjXCbd 
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