Brief: NSC Groupe H1 Operating Loss Narrows To EUR 2.3 Mln

NSC Groupe SA

16/09/2021 09:18

Sept 16 (Reuters) - NSC GROUPE SA  ALNSC.PA :
    * PUBLISHED ON WEDNESDAY H1 RESULTS
    * H1 REVENUE EUR 21.8 MLN VS EUR 14.2 MLN YEAR AGO
    * H1 OPERATING LOSS EUR 2.3 MLN VS LOSS OF EUR 9.6 MLN YEAR
AGO
    * H1 NET LOSS GROUP SHARE EUR 2.1 MLN VS LOSS OF EUR 9.2 MLN
YEAR
AGO
    * END-JUNE MACHINE AND FOUNDRY COMPONENTS ORDER BOOK AT EUR
20.7
MLN VS EUR 10.5 MLN AT END-JUNE 2020
    * DEMAND FOR FIBER TO YARN REMAINS UNEVEN AS THERE IS NOT
YET HIGH
DEMAND IN CHINA; OTHER KEY MARKETS ARE WELL POSITIONED AND
SHOULD LEAD TO INCREASE IN REVENUE
    * FY RESULTS FOR FONDERIE SCHLUMBERGER AND MONOMATIC SHOULD
SHOW
MARKED INCREASE COMPARED TO 2020
    * CONSOLIDATED REVENUE FOR FY TO BE AROUND EUR 50.0 MLN VS
EUR
30.9 MLN EXCLUDING PACKAGING IN 2020
    * EXPECTS ADDITIONAL FINANCING FINALISED RECENTLY TO
STRENGTHEN
CONTINUITY OF OPERATIONS IN THE MEDIUM TERM    

    
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