Brief: Pharol FY Net Loss Narrows To 5.6 Mln Euros YoY

Pharol SGPS SA

01/03/2019 07:40

March 1 (Reuters) - Pharol SGPS SA  PHRA.LS :
    * REPORTED ON THURSDAY FY NET LOSS OF 5.6 MILLION EUROS
VERSUS
806.5 MILLION EUROS YEAR AGO
    * FY EBITDA LOSS AT 5.3 MILLION EUROS VERSUS 4.8 MILLION
EUROS
YEAR AGO
    * RECURRING OPERATING COSTS INCREASED BY 11 PERCENT VERSUS
LAST
YEAR, MAINLY DUE TO INCREASE IN LEGAL COSTS, AT THE CRITICAL
PHASE OF OI'S JUDICIAL RECOVERY PROCESS

    
 Source text: https://bit.ly/2GSfxA0
    
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