Brief: Madvertise FY Net Loss Narrows To 1.6 Million Euros

Sirius Media SA

30/04/2020 18:34

April 30 (Reuters) - MADVERTISE SA  ALMNG.PA :
    * FY REVENUE EUR 15.3 MILLION VERSUS EUR 17.0 MILLION YEAR
AGO
    * FY NET LOSS EUR 1.6 MILLION VERSUS LOSS OF EUR 1.8 MILLION
YEAR
AGO
    * FY EBITDA LOSS EUR 0.5 MILLION VERSUS LOSS OF EUR 48,000
YEAR
AGO
    * SHORT-TIME WORKING HAS ALSO BEEN SET UP FOR CERTAIN
EMPLOYEES
FOR A PERIOD OF 2 TO 6 MONTHS IN DEPENDING ON GEOGRAPHY AND
ACTIVITIES
    * GROSS CASH AND CASH EQUIVALENTS AMOUNTED TO 210 KEUR AT
DECEMBER
31, 2019, COMPARED TO 204 KEUR AT END OF 2018
    * DOES NOT PROVIDE GUIDANCE ON ITS ACTIVITY IN 2020 AND
REMAINS
EXTREMEY CAUTIOUS

Source text for Eikon:  ID:nACT63284 
Further company coverage:  ALMNG.PA 

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