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BRIEF-Guy Degrenne H1 net income rises to 2.9 million euros
February 3, 2017 / 8:40 AM / 10 months ago

BRIEF-Guy Degrenne H1 net income rises to 2.9 million euros

Feb 3 (Reuters) - Guy Degrenne SA :

* H1 revenue 40.4 million euros ($43.45 million) vs 42.3 million euros year ago

* H1 recurring operating loss of 1.6 million euros vs loss of 1.4 million euros year ago

* H1 net loss of 2.9 million euros vs loss of 1.6 million euros year ago

* Considers that the objective of restoring the operating profit before exceptional items for the current financial year, as announced on Sept 21, 2016, will not be achieved

* Confirms that the Group’s consolidated net working capital is sufficient to meet the Group’s obligations over the next twelve months

Source text for Eikon: Further company coverage: ($1 = 0.9297 euros) (Gdynia Newsroom)

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