Brief: Oeneo H1 Operating Profit Swings Down To 18.0 Million Euros

Oeneo SA

06/12/2018 17:09

Dec 6 (Reuters) - OENEO SA  SABT.PA :
    * TURNOVER WAS UP 3.6% (1.5% LIKE-FOR-LIKE) OVER FIRST HALF
OF
YEAR, COMING IN AT EUR 130.0 MILLION 
    * H1 NET PROFIT GROUP SHARE EUR  10.9 MILLION VERSUS EUR
16.0
MILLION YEAR AGO
    * H1 OPERATING PROFIT EUR  18.0 MILLION VERSUS EUR 23.9
MILLION
YEAR AGO
    * IN H2 CASH FLOW GENERATION SHOULD ALSO HELP BRING NET
GEARING
DOWN BY END OF YEAR
    * IN H2 GROUP'S RECURRING OPERATING MARGIN SHOULD RETURN TO
A MORE
STANDARD LEVEL
    * H1 REVENUE EUR 130.0 MILLION VERSUS EUR 125.4 MILLION YEAR
AGO
(ADJUSTED)
    * POSITIVE OUTLOOK FOR THE YEAR

Source text: https://bit.ly/2BVYqtr
Further company coverage:  SABT.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com;))