Brief: Crescent H1 EBITDA Down At 0.1 Million Euros

Option NV

30/09/2020 06:05

Sept 30 (Reuters) - Crescent NV  OPIN.BR :
    * H1 RESULTS
    * H1 EBITDA EUR 0.1 MILLION VERSUS EUR 0.5 MILLION YEAR AGO
    * H1 NET FINANCIAL DEBT DECREASES FROM EUR 6.1 MILLION TO
EUR 5.2
MILLION
    * NET LOSS EUR 1.0 MILLION VERSUS LOSS EUR 0.5 MILLION YEAR
AGO
    * GROUP EXPECTS TO CONTINUE TO GENERATE PROFITABLE GROWTH
DESPITE
UNCERTAIN ECONOMIC CONDITIONS
    * DESPITE DIFFICULT MARKET CONDITIONS,  H1 SALES INCREASED
BY 1.3%
TO EUR 9.0 MILLION COMPARED TO THE FIRST SEMESTER OF 2019
    * H1 TURNOVER EUR 9.0 MILLION VERSUS EUR 8.9 MILLION YEAR
AGO
    * RECENTLY RECEIVED LETTERS OF INTENT TO ENTER INTO SALES
CONTRACTS ALLOW  GROUP TO BE CAUTIOUSLY OPTIMISTIC ABOUT
CONTINUED INCREASE IN SALES AND EBITDA IN ALL DIVISIONS DURING
H2

Source text: https://bit.ly/36iRwhm
Further company coverage:  OPIN.BR 

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