Brief: Touax H1 Net Consolidated Loss Group Share Widens To 2.5 Million Euros

Touax Sgtr Cite Sgt Cmte Taf Slm Touage Investissements Reunies SCA

11/09/2019 17:23

Sept 11 (Reuters) - TOUAX SA  TETR.PA :
    * H1 REVENUE FROM ACTIVITIES INCREASED TO EUR 79.5M, UP 3%
AT
CONSTANT SCOPE AND CURRENCY
    * FOR H1 IMPROVEMENT IN PROFITABILITY: EBITDA OF EUR 16M, UP
25%
    * HALF-YEAR NET PROFIT GROUP SHARE OF EUR -2.5M MAINLY
AFFECTED BY
NON-RECURRING ITEMS
    * H1 NET CONSOLIDATED LOSS GROUP SHARE EUR 2.5 MILLION
VERSUS LOSS
EUR 1.8 MILLION YEAR AGO
    * GLOBAL GDP GROWTH IS EXPECTED TO DECLINE TO 3.2% BEFORE
RISING
SLIGHTLY TO 3.5% IN 2020
    * SLOWDOWN IN GLOBAL ECONOMIC GROWTH IS LIKELY TO HAVE A
LIMITED
IMPACT ON GROUP

Source text for Eikon:  ID:nGNE2LPN8S 
Further company coverage:  TETR.PA 

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