Brief: Invibes Advertising H1 Net Loss Widens To EUR 1.7 Mln

Invibes Advertising NV

07/09/2022 16:45

Sept 7 (Reuters) - Invibes Advertising NV  ALINV.PA :
    * H1 TURNOVER EUR 13.3 MILLION VERSUS EUR 8.7 MILLION YEAR
AGO
    * H1 NET LOSS EUR 1.7 MILLION VERSUS LOSS EUR 0.2 MILLION
YEAR AGO
    * H1 EBITDA LOSS EUR 1 MILLION VERSUS PROFIT OF EUR 0.5
MILLION
YEAR AGO
    * END-JUNE NET CASH POSITION EUR 15.4 MILLION
    * INVESTMENTS MADE IN H1 GIVE CO CAPACITY TO SEIZE GROWTH
OPPORTUNITIES THAT REMAIN SIGNIFICANT IN DIGITAL ADVERTISING
MARKET
    * SHOULD MACRO SITUATION WORSEN, CO MAY DECIDE TO
TEMPORARILY SLOW
DOWN PACE OF INVESTMENTS

Source text for Eikon:  ID:nGNE51CK7r 
Further company coverage:  ALINV.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))