Brief: Parrot Q2 EBIT Loss Narrows To 11.2 Million Euros

Parrot SA

02/08/2018 06:09

Aug 2 (Reuters) - PARROT SA  PARRO.PA :
    * 2018 SECOND-QUARTER BUSINESS AND EARNINGS
    * SAYS 14% SECOND-QUARTER GROWTH FOR DRONE BUSINESS
    * FOR 2018, CONFIRMS TARGET FOR REVENUE GROWTH ON DRONES
WHILE
IMPROVING ITS GROSS MARGIN AND REDUCING ITS CASH CONSUMPTION
    * SEES ACCELERATION PHASE IN 2019
    * Q2 GROUP TOTAL EUR 32.9 MILLION VERSUS EUR 35.1 MILLION
YEAR AGO
    * Q2 REVENUE EUR  32.9 MILLION VERSUS EUR 35.1 MILLION YEAR
AGO
    * Q2 EBIT LOSS EUR 11.2 MILLION VERSUS LOSS OF EUR 53.2
MILLION
YEAR AGO

Source text for Eikon:  ID:nGNE5J5Nf9 
Further company coverage:  PARRO.PA 

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