Brief: Showroomprive H1 EBITDA Down At EUR 11.2 Mln

SRP Groupe SA

28/07/2022 18:42

July 28 (Reuters) - SRP Groupe SA  SRPG.PA :
    * H1 NET REVENUES EUR 305.4 MILLION VERSUS EUR 388.3 MILLION
YEAR
AGO
    * H1 EBITDA EUR 11.2 MILLION VERSUS EUR 33.0 MILLION YEAR
AGO
    * H1 NET PROFIT EUR 1.6 MILLION VERSUS PROFIT EUR 20.6
MILLION
YEAR AGO
    * WHILE GROUP FORECASTED A RECOVERY IN H2, THIS REBOUND IS
LIKELY
TO BE MORE DIFFICULT THAN ANTICIPATED AND WILL PROBABLY TAKE
LONGER TO MATERIALIZE CONSIDERING NATURE OF ECONOMIC ENVIRONMENT
IN COMING MONTHS
    * IT WOULD THEREFORE BE UNREASONABLE AT THIS STAGE TO SET
REVENUE
AND PROFITABILITY TARGETS FOR END OF 2022

Source text for Eikon:  ID:nACT75790 
Further company coverage:  SRPG.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))