Brief: Sidetrade FY Like-For-Like Operating Profit Up At 2.3 Million Euros

SideTrade SA

28/04/2020 16:35

April 28 (Reuters) - SIDETRADE SA  ALBFR.PA :
    * FY OPERATING INCOME (ON COMPARABLE BASIS) EUR 2.3 MILLION
VERSUS
EUR 1.6 MILLION YEAR AGO
    * FY ORDER INTAKE ON ANNUAL SUBSCRIPTIONS EUR 4.8 MILLION
VERSUS
EUR 2.6 MILLION YEAR AGO
    * FY NET RESULT EUR 2.2 MILLION VERSUS EUR 2.2 MILLION YEAR
AGO
    * AT APRIL 24, GROSS CASH POSITION EUR 7.2 MILLION VERSUS
EUR 5.3
MILLION AT END-DECEMBER
    * COVID-19: SOLIDITY OF 100% SAAS MODEL SHOULD GENERATE
GROWING
REVENUES IN 2020
    * BUDGET SCENARIO: COULD EXPECT 67% REDUCTION OF NEW
CUSTOMERS IN
FIRST 9 MONTHS 2020
    * BUDGET SCENARIO: GRADUAL RETURN TO NORMAL FOR NEW ORDER
INTAKE
ONLY ENVISAGED FROM Q4 2020

Source text for Eikon:  ID:nNDL4gpxQ1 
Further company coverage:  ALBFR.PA 

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