Brief: Van De Velde End-H1 Cash Position Amounted To 50.2 Million Euros

Van de Velde NV

30/08/2023 07:31

Aug 30 (Reuters) - Van de Velde NV  VELD.BR :
    * END-H1 CASH POSITION IS M€ 50.2 THANKS TO A STRONG
INCREASE IN
NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES
    * ECONOMIC ENVIRONMENT REMAINS UNCERTAIN, BUT VAN DE VELDE
CONTINUES TO INVEST WITH  FULL CONFIDENCE IN DEVELOPING A
COMPLEMENTARY BRAND PORTFOLIO, WITH LONG-TERM FOCUS
    * END-H1 SOLVENCY (SHARE OF EQUITY IN TOTAL EQUITY) OF VAN
DE
VELDE REMAINS HIGH (79.9%)

Source text for Eikon:  ID:nRSDbRkRWD 
Further company coverage:  VELD.BR 

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