Brief: Witbe FY EBITDA Up At 3.2 Million Euros

Witbe SA

21/04/2020 17:14

April 21 (Reuters) - WITBE SA  ALWIT.PA :
    * FY NET PROFIT EUR 0.7 MILLION VERSUS LOSS EUR 0.8 MILLION
YEAR
AGO
    * SIGNATURES OF NEW CONTRACTS CONTINUED TO PROGRESS IN THE
FIRST
QUARTER OF 2020
    * FY EBITDA EUR 3.2 MILLION VERSUS EUR 0.6 MILLION YEAR AGO
    * AT THE END OF MARCH 2020, THE AVAILABLE CASH POSITION HAS
BEEN
STRENGTHENED TO REACH 1.7 MILLION EUR (UNAUDITED DATA)
    * AT 31 DECEMBER 2019, NET FINANCIAL DEBT OF EUR 1.8 MILLION
VERSUS EUR 2.7 MILLION YEAR AGO
    * 2020 COMPANY STRATEGY CONSISTS IN STRENGTHENING ITS
POSITIONS
WITH ITS HISTORIC CUSTOMERS
    * IT IS CURRENTLY DIFFICULT TO QUANTIFY EFFECTS OF HEALTH
CRISIS
ON ACTIVITY FOR THE REST OF FY

Source text for Eikon:  ID:nNDLgzR1r 
Further company coverage:  ALWIT.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))