Brief: Parrot Q3 Consolidated Revenue At 14.5 Million Euros

Parrot SA

18/11/2021 06:13

Nov 18 (Reuters) - PARROT SA  PARRO.PA :
    * FOR Q3 OF 2021, PARROT GROUP ACHIEVED CONSOLIDATED REVENUE
OF
EUR 14.5M AND EUR 11.6M ON BASIS OF CURRENT CONSOLIDATION SCOPE
    * DISPOSALS GENERATED A CASH FLOW FOR PARROT OF AROUND €
37M,
INCLUDING € 25M COLLECTED TO DATE, AND AROUND € 12M STILL TO BE
RECEIVED BY THE END OF 2023
    * GROWTH COULD ACCELERATE OVER SECOND HALF OF 2021
    * SCOPE EFFECTS LINKED TO CHANGE IN PRODUCT PORTFOLIO ARE
EXPECTED
TO CONTINUE TO BECOME LESS MARKED IN 2021

Source text for Eikon:  ID:nGNE4Q7rfV 
Further company coverage:  PARRO.PA 

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