August 24, 2017 / 6:08 AM / a month ago

BRIEF-IT Competence Group H1 revenue down at EUR 10.4 mln

Aug 24 (Reuters) - IT COMPETENCE GROUP SE:

* SAID ON WEDNESDAY H1 REVENUE IN THE FIRST HALF OF THE YEAR DECREASED BY 11% TO EUR 10.4 MILLION

* AT EUR -827,000, EBITDA WAS CLEARLY NEGATIVE, AFTER A POSITIVE EBITDA OF EUR 375,000 WAS ACHIEVED IN THE PREVIOUS YEAR

* FOR THE SECOND HALF OF THE YEAR, EXPECTS A SLIGHT INCREASE IN SALES

* THE RESULT FOR THE SECOND HALF-YEAR 2017 IS EXPECTED TO BE CLEARLY POSITIVE

* FOR THE FINANCIAL YEAR 2018, PLANS TO ACHIEVE A CLEARLY POSITIVE RESULT FOR THE YEAR AS A WHOLE

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Further company coverage: (Gdynia Newsroom)

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