Brief: Tronics Microsystems: H1 Net Loss Of 5.6 Million Euros

Tronics Microsystems SA

20/12/2019 18:02

Dec 20 (Reuters) - Tronics Microsystems Sa  ALTRO.PA :
    * H1 REVENUE EUR 3.0 MILLION VERSUS EUR 3.1 MILLION YEAR AGO
    * H1 NET LOSS GROUP SHARE EUR 5.6 MILLION VERSUS LOSS OF EUR
4.8
MILLION YEAR AGO
    * H1 RECURRING OPERATING LOSS EUR 3.8 MILLION VERSUS LOSS OF
EUR
4.8 MILLION YEAR AGO
    * END-SEPT AVAILABLE CASH POSITION €3.2 MILLION AND GROSS
DEBT AT
€36.4 MILLION
    * OUTLOOK H2 2020: AIMING FOR FURTHER INCREASE IN SHARE OF
ITS
MANUFACTURING ACTIVITIES
    * OUTLOOK FISCAL YEAR 2020: EXPECTS AN IMPROVEMENT IN ITS
CURRENT
OPERATING RESULT COMPARED TO THE PREVIOUS YEAR
    * NET INCOME FOR 2020 FISCAL YEAR WILL DEPEND HEAVILY ON
EVOLUTION
OF EURO/DOLLAR EXCHANGE RATE LINKED TO THE LOANS GRANTED BY TDK
ELECTRONICS AG AND RECOGNIZED IN FINANCIAL RESULTS

Source text: https://bit.ly/38V9Hsp
Further company coverage:  ALTRO.PA 

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