Brief: Texaf H1 net income group share drops to 0.3 million euros

Texaf NV

06/09/2017 07:01

Sept 6 (Reuters) - TEXAF SA  TEXB.BR : 
    * H1 RECURRING OPERATING INCOME EUR 3.6 MILLION VERSUS EUR 
3.5 MILLION YEAR AGO 
    * H1 CONSOLIDATED NET INCOME GROUP SHARE EUR 326,000 VERSUS 
EUR 2.7 MILLION YEAR AGO 
    * H1 REVENUE EUR 9.1 MILLION VERSUS EUR 9.3 MILLION YEAR AGO 
    * BARRING AN EXCEPTIONAL EVENT, RECURRING OPERATING RESULT 
FOR H2 SHOULD BE SIMILAR TO H1 (I.E. EUR 3.6 MILLION) 
    * AT THIS STAGE, NO REASON TO CALL DIVIDEND POLICY INTO 
QUESTION 
    * DRC IS EXPERIENCING AN EXCEPTIONAL SITUATION; ENVIRONMENT 
IS NEGATIVELY IMPACTING ACTIVITIES OF CARRIGRES 
    * DECLINE IN DRC'S ECONOMY, PRIMARILY AFFECTING QUARRY 
ACTIVITY FOLLOWING DROP IN VOLUME OF INVESTMENTS IN KINSHASA 
 
Source text: http://bit.ly/2eJM8LL 
Further company coverage:  TEXB.BR  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))