Brief: Spineguard H1 EBITDA Loss Narrows To 0.5 Million Euros

Spineguard SA

18/09/2018 17:14

Sept 18 (Reuters) - SPINEGUARD SA  ALSGD.PA :
    * SPINEGUARD REPORTS SIX-MONTH 2018 FINANCIAL RESULTS
    * H1 OPERATING LOSS IMPROVES BY 50% AND REDUCES TO EUR 0.8M
    * H1 EBITDA IMPROVES BY 70% AND REDUCES TO EUR -0.5M
    * H1 REVENUE EUR 3.6 MILLION VERSUS EUR 4.2 MILLION YEAR AGO
    * DELIVERS ON ITS PROFITABILITY PLAN TO REACH OPERATING
BREAKEVEN
BY THE END OF 2018
    * AT JUNE 30, 2018, CASH AND CASH EQUIVALENTS WERE EUR 861K
COMPARED WITH EUR 1,190K AT DECEMBER 31, 2017

Source text for Eikon:  urn:newsml:reuters.com:*:nBw3xxVSpa
Further company coverage:  ALSGD.PA 

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