Brief: Seche Environnement H1 Net Profit Group Share Turns To Loss Of 0.9 MIllion Euros

Seche Environnement SA

14/09/2020 16:45

Sept 14 (Reuters) - SECHE ENVIRONNEMENT  CCHE.PA : 
    * H1 NET LOSS GROUP SHARE EUR 0.9 MILLION VERSUS PROFIT OF
EUR 7.6
MILLION YEAR AGO
    * H1 CONTRIBUTED REVENUE EUR 313.0 MILLION VERSUS EUR 329.8
MILLION YEAR AGO
    * END-JUNE FREE CASH FLOW EUR 39.4 MILLION VERSUS EUR 35.0
MILLION
YEAR AGO
    * END-JUNE NET FINANCIAL DEBT EUR 390.1 MILLION VERSUS EUR
399.4
MILLION AT END-2019
    * H1 RECURRING OPERATING INCOME EUR 13.0 MILLION VERSUS EUR
22.1
MILLION YEAR AGO
    * LIMITED IMPACT OF THE HEALTH CRISIS STRONG UPTURN IN
ACTIVITY
AND RESULTS SINCE JUNE
    * RETURN FROM 2021 TO THE GROWTH AND PROFITABILITY
TRAJECTORY
    * IMPLEMENTATION OF THE SOLENA PROJECT: INVESTMENT ESTIMATED
AT
€50M, SITE IS EXPECTED TO START OPERATING IN 2023
    * 2020 TARGETS AND 2022 TRAJECTORY CONFIRMED

Source text for Eikon:  ID:nBwc9J67ka 
Further company coverage:  CCHE.PA 

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