Brief: Delta Drone FY Adjusted For Non-Recurring Expenses EBITDA Loss Narrows To 3.4 Million Euros

Tonner Drones SA

29/04/2020 17:34

April 29 (Reuters) - Delta Drone SA  ALDR.PA :
    * FY CONSOLIDATED REVENUE INCREASED BY 53% TO REACH €16M
    * BUSINESS PLAN IS IN LINE WITH 2020-2021 PLAN: CONSOLIDATED
REVENUE OF EUR 30M, POSITIVE OPERATING MARGIN OF 10% AND 30% OF
REVENUE GENERATED BY ACTIVITIES OUTSIDE FRANCE
    * FY ADJUSTED FOR NON-RECURRING EXPENSES, EBITDA WAS OF -EUR
3.4M
IN LINE WITH GOAL OF ACHIEVING FINANCIAL EQUILIBRIUM IN THIS
RESPECT THIS YEAR
    * NET CASH AS AT 31 DECEMBER 2019 WAS OF EUR 2,043K,
COMPARED WITH
EUR 2,512K AT END OF 2018
    * COVID-19: IN THIS CONTEXT, DELTA DRONE WILL CONTINUE TO
IMPLEMENT ITS 2020-2021 PLAN
    * ON CORONAVIRUS: TOO EARLY TO EVALUATE IMPACT OF
"POST-CRISIS"
PERIOD ON BUSINESS ACTIVITY LEVELS IN COMING MONTHS
    * 2019 NET LOSS (ADJUSTED FOR NON-RECURRING EXPENSES) EUR
8.6 MLN

Source text for Eikon:  ID:nGNE7hlbKC 
Further company coverage:  ALDR.PA 

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