Telegraaf Media Groep NV logo

TMG - Telegraaf Media Groep NV News Story

€6 -0.1  -1.0%

Last Trade - 21/02/18

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £268.4m
Position in Universe th / 846

BRIEF-Telegraaf Media Groep H1 net result turns to loss of EUR 11.4 million

Fri 28th July, 2017 6:32am
July 28 (Reuters) - TELEGRAAF MEDIA GROEP NV  TLGNc.AS :  
    * H1 TOTAL REVENUES, INCLUDING THE EFFECT OF PORTFOLIO 
RATIONALISATIONS, DECREASED BY 9.3%, FROM  171.9 TO  156.0 
MILLION 
    * H1 EBITDA , INCLUDING RESTRUCTURING CHARGES, ONE-OFF 
CONSULTANCY COSTS AND THE BOOK LOSS, DECLINED FROM  1.9 MILLION 
NEGATIVE TO  19.0 MILLION NEGATIVE 
    * UPON COMPLETION, THE SALE OF KEESING WILL LEAD TO A 
SIGNIFICANTLY POSITIVE CASH POSITION. 
    * H1 NET RESULT DECREASED FROM A PROFIT OF  3.1 MILLION TO 
A LOSS OF  11.4 MILLION. 
    * AS OF 30 JUNE 2017, TMG'S NET CASH POSITION IS  20.1 
MILLION NEGATIVE 
 
Source text for Eikon:  ID:nNDL8bMX8c  
Further company coverage:  TLGNc.AS  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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