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Econocom Group SE Earnings Release 2020
3943_iss_2020-06-30_e05d5de1-e93d-4646-b5ab-68c12ebd99fe.pdf
Earnings Release
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REGULATED INFORMATION
30 June 2020
Perspectives on H1 2020 results
Further to the press release announcing the final completion of the sale of its subsidiary EBC, Econocom would like to provide an update concerning H1 2020 results.
H1 2020 revenue will be better than initially expected at the beginning of the Covid-19 pandemic, but will remain lower compared to H1 2019 revenue.
Concerning the Recurring Operating Profit (ROP), the group anticipates a level for H1 2020 generally in line with H1 2019.
Econocom also forecats a level of Net book debt lower than June 30th 2019.
H1 2020 results will be published after the close of trading on 29th July 2020.
A B O U T E C O N O C O M
75008678 M 29292374 / 4
Econocom designs, finances and facilitates digital transformation for large companies and public organisations. With 45 years' experience and the only market player with 360° expertise covering project financing, equipment distribution and digital services, Econocom employs more than 10,000 people in 18 countries and reported revenue of €2,927 million.
The Econocom Group share is listed on Euronext Brussels and is part of the Bel Mid and Family Business indices.
F O R F U R T H E R I N F O R M A T I O N
www.econocom.com Follow us on Twitter Investor and shareholder relations contact: [email protected] Press relations contact: [email protected] Tel. +33 (0)1 80 81 50 04