Brief: UTI Group 9-Month Current Operating Loss Turns To Profit Of EUR 0.2 Mln

Uti SA

15/11/2019 07:25

Nov 15 (Reuters) - UNION TECHNOLOGIES INFORMATIQUE GROUP SA
 UTIN.PA :
    * Q3 REVENUE EUR 5.5 MILLION VERSUS EUR 6.6 MILLION YEAR AGO
    * DURING LAST QUARTER OF FISCAL YEAR 2019 TO CONTINUE
STRATEGY OF
DISENGAGING OUTSOURCING BUSINESS TO INCREASE LEVEL OF
OPERATIONAL PROFITABILITY
    * AT THE END OF CURRENT FINANCIAL YEAR, PLANS TO RECORD
LOWER
TURNOVER WHILE IMPROVING LEVEL OF PROFITABILITY
    * REVENUE AT SEPT 30 EUR 18.0 MILLION VERSUS EUR 20.24
MILLION
YEAR AGO
    * AT SEPTEMBER 30 CURRENT OPERATING INCOME OF EUR 150,000
VERSUS
LOSS OF EUR 20,000 YEAR AGO

Source text for Eikon:  ID:nGNE7Yn8J8 
Further company coverage:  UTIN.PA 

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