Brief: Realtech H1 net loss widens to 2.7 million euros

Realtech AG

30/09/2016 10:22

Sept 30 (Reuters) - Realtech AG  RTCG.DE : 
    * Said on Thursday H1 revenue 11.0 million euros vs 17.8 
million euros year ago 
    * H1 EBITDA minus 2.2 million euros vs positive 0.1 million 
euros year ago 
    * H1 EBIT minus 2.6 million euros vs minus 0.3 million euros 
year ago 
    * H1 net loss 2.7 million euros vs loss 0.6 million euros 
year ago 
    * Says expected rise in revenue in Q3 and Q4 will be not be 
achieved 
    * Management to make sharper cuts in costs in order to be 
able to achieve the objective of operating break-even for the 
middle of 2017 as planned 
 
     
 Source text - http://bit.ly/2d0FSsT 
     
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