Brief: AwoX Expects EBITDA Margin To Reach 10% By 2022

Veom SA

20/04/2020 17:51

April 20 (Reuters) - AWOX SA  AWOX.PA :
    * LONG-TERM AMBITION IS EBITDA MARGIN OF 10% BY 2022
    * FY NET LOSS EUR 4.8 MILLION VERSUS LOSS EUR 3.2 MILLION
YEAR AGO
    * POSITIVE FY EBITDA INCLUDING €1.1 MILLION IN NON-RECURRING
CHARGES AND REORGANISATIONS
    * FY EBITDA EUR 38,000 VERSUS EUR 560,000 YEAR AGO
    * +4.7 MILLION IN FREE CASH FLOW AT END-FY
    * GROUP IS IMPLEMENTING ECONOMIC AND FINANCIAL SUPPORT
MEASURES TO
LIMIT THE IMPACT OF HEALTH CRISIS ON ITS RESULTS
    * COVID-19: CLOSURE OF PHYSICAL DISTRIBUTION NETWORKS SINCE
MID-MARCH IMPACTS GROUP CUSTOMERS' ACTIVITY IN EUROPE

Source text for Eikon:  ID:nACT63046 
Further company coverage:  AWOX.PA 

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