Brief: Audiovalley : H1 Revenue Down At 8.7 Million Euros

Winamp SA

14/10/2020 17:25

Oct 14 (Reuters) - AUDIOVALLEY SA  ALAVY.PA :
    * H1 NET LOSS FROM CONTINUING OPERATIONS -3.3 MILLION EUR
    * IMPROVES OPERATING PROFITABILITY DESPITE IMPACT OF
COVID-19 ON
H1
    * BUSINESS ACTIVITY RESILIENT, DRIVEN BY TARGETSPOT AND
EUROPE
    * OPERATING PROFITABILITY IMPROVES
    * GROUP GROWTH PROSPECTS REASSERTED
    * H1 EBITDA LOSS EUR 0.2 MILLION VERSUS EUR LOSS OF 0.7
MILLION
YEAR AGO
    * H1 GROUP SHARE OF NET  LOSS EUR 3.3 MILLION VERSUS EUR
LOSS OF
3.4 MILLION YEAR AGO
    * H1 REVENUE EUR 8.7 MILLION VERSUS EUR 9.8 MILLION YEAR AGO
    * IMPROVED BUSINESS ACTIVITY IN Q3

Source text for Eikon:  ID:nBw98sGSSa 
Further company coverage:  ALAVY.PA 

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