H1 2019 revenue: €1,238M (+2.9%)

H1 2019 key points

• Revenue from ongoing operations[1] up 2.9%[2] (1.6% of which organic growth)

• Recurring operating profit[3] (ROP) forecast close to 40 million euros

• Net book debt[4] under control at around 405 million euros

• Target kept for reaching 128 million euros in annual recurring operating profit3 on like-for-like basis

 

[1] After restatement in line with IFRS 5 regarding assets held for sale and discontinued operations

[2] Based on unchanging norms

[3] Before amortisation of intangible assets from acquisitions and after restatement in line with IFRS 5 regarding assets held for sale and discontinued operations

[4] Before considering debt brought about by application of IFRS16 to lease contracts (real estate, vehicles, etc.) in which Econocom is the lessee

Consolidated unaudited data

Read the press release