Brief: SRP Groupe H1 EBITDA Turns To Profit Of 7 Million Euros

SRP Groupe SA

27/07/2020 07:11

July 27 (Reuters) - SRP GROUPE SA  SRPG.PA :
    * SHOWROOMPRIVE.COM:  FIRST HALF 2020 RESULTS RETURN TO
POSITIVE
EBITDA OF €7 MILLION  AND STRENGTHENED FINANCIAL STRUCTURE
    * RETURN TO GROWTH IN Q2 (UP 19%), MAKING UP FOR 20% DECLINE
IN Q1
    * RETURN TO POSITIVE FIRST HALF EBITDA AT EUR 7 MILLION,
VERSUS. A
EUR 23 MILLION LOSS IN H1 2019
    * FIRST HALF NET LOSS REDUCED BY NEARLY EUR 35 MILLION TO
EUR 6.6
MILLION
    * SOLID GROSS CASH AND CASH EQUIVALENTS OF EUR 118.3 MILLION
AT 30
JUNE 2020
    * H1 2020 NET REVENUES WERE STABLE COMPARED TO H1 2019 AT
EUR
302.7 MILLION, WITH Q2 GROWTH OF 19% OFFSETTING Q1 20% DECLINE.
    * NET FINANCIAL DEBT INCLUDES EUR 21.6 MILLION IN LEASE
LIABILITIES (UNDER IFRS 16) AT 30 JUNE 2020
    * SHAREHOLDERS' EQUITY STOOD AT EUR 146.1 MILLION AT 30 JUNE
2020

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

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