Advenis (aka Avenir Finance) published its interim H1 results. Revenues stood at €40.95m, up 4% on a pro-forma basis, the gross margin at €21.1m, down 9%, and the net result at -€6.9m. Management has confirmed its medium-term guidance of a turnover of €110m by 2017 and fund inflows of as much as €800m by the same year.
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H1 interim — acceleration expected in H2
- Published:
31 Jul 2015 -
Author:
Alda Kule Dale -
Pages:
2
Advenis (aka Avenir Finance) published its interim H1 results. Revenues stood at €40.95m, up 4% on a pro-forma basis, the gross margin at €21.1m, down 9%, and the net result at -€6.9m. Management has confirmed its medium-term guidance of a turnover of €110m by 2017 and fund inflows of as much as €800m by the same year.