STOCKS NEWS EUROPE-Roularta tumbles on H1 loss

Shares in Belgian publisher and broadcaster Roularta (RLRT.BR) sink 6.2 percent after the company warned on Friday that it would post a net loss for the first half of the year [ID:nWEA0515].

Bank Degroof analyst Siddy Jobe says in a client note that Roularta is struggling not to breach debt covenants, and he remains "quite prudent" on the stock.

"Based on our 1H09 forecasts both the net debt/EBITDA and interest coverage coverage remain at risk," Jobe says.

Reuters Messaging rm://anne.jolis.reuters.com@reuters.net