Reuters logo
BRIEF-Abeo Sas H1 Operating Income Up 9.3 Pct To 5.9 Million Euros
December 7, 2017 / 5:19 PM / 6 days ago

BRIEF-Abeo Sas H1 Operating Income Up 9.3 Pct To 5.9 Million Euros

Dec 7 (Reuters) - ABEO SAS:

* H1 REVENUE EUR 88.7 ‍​ MILLION VERSUS EUR 82.3 MILLION YEAR AGO

* H1 OPERATING INCOME EUR ‍​ 5.9 MILLION VERSUS EUR 5.4 MILLION YEAR AGO

* H1 NET INCOME EUR ‍​ 3.5 MILLION VERSUS EUR 3.9 MILLION YEAR AGO

* EXPECTING STRONGER GROWTH IN SECOND HALF OF 2017/18 ON THE BASIS OF A CONSISTENTLY SOUND ORDER BACKLOG

* HAS ENTERED INTO NEGOTIATIONS FOR THE ACQUISITION OF TWO EUROPEAN COMPANIES FOR ITS SPORTS DIVISION

* TWO EUROPEAN COMPANIES FOR ITS SPORTS DIVISION REPRESENT COMBINED ANNUAL REVENUE OF OVER EUR 10 MILLION

* TWO TARGET ACQUISITIONS ARE EXPECTED TO BE CLOSED BY 2017/18 YEAR-END

* REAFFIRMING ITS TARGET TO REACH €300M IN REVENUE BY 2020 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below