Solocal released H1 18 results. Total revenues reached €350m (-4.7%), recurring EBITDA €70m (-11.9%), EBITDA €-63m and net result €-80m. The order-backlog at the end of March reached €422m, down 6.7% from €452m yoy and. Net debt at the end of June was €342m. The group confirmed its 2018 outlook of stabilisation of recurring EBITDA (at €170m).
26 Jul 2018
H1 18: no real surprises
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H1 18: no real surprises
Solocal Group (LOCAL:PAR) | 0 0 0.7% | Mkt Cap: 635.9m
- Published:
26 Jul 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Solocal released H1 18 results. Total revenues reached €350m (-4.7%), recurring EBITDA €70m (-11.9%), EBITDA €-63m and net result €-80m. The order-backlog at the end of March reached €422m, down 6.7% from €452m yoy and. Net debt at the end of June was €342m. The group confirmed its 2018 outlook of stabilisation of recurring EBITDA (at €170m).