Brief: Witbe H1 Net Loss Narrows To 1.7 Million Euros

Witbe SA

17/09/2020 16:56

Sept 17 (Reuters) - WITBE SA  ALWIT.PA :
    * H1 EBITDA LOSS EUR 0.6 MILLION VERSUS LOSS OF EUR 1.8
MILLION
YEAR AGO
    * H1 NET LOSS EUR 1.7 MILLION VERSUS LOSS OF EUR 3 MILLION
YEAR
AGO
    * TARGETS: DELIVERING PROFITABLE GROWTH IN H2
    * AT JUNE 30, 2020, WITBE THUS HAD AVAILABLE CASH OF €5.0M
FOR
LOANS AND FINANCIAL DEBT OF €5.1M
    * SHAREHOLDERS' EQUITY THUS AMOUNTED TO €4.1M AT THE END OF
THE
HALF YEAR. 1.8M AT 31 DECEMBER 2019, WITH NET FINANCIAL DEBT
REDUCED TO €0.1M, COMPARED WITH €1.8M AT 31 DECEMBER 2019

Source text for Eikon:  ID:nNDL3LwwMX 
Further company coverage:  ALWIT.PA 

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