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RSS FeedsH1-2020 Results
(WorldNews Denmark)

 
 

30 july 2020 20:08:36

 
H1-2020 Results
(WorldNews Denmark)
 


PRESS RELEASE Paris, July 30, 2020, 6:15pm First-half 2020 results In the context of the coronavirus: Return to sales and operating income growth in June after a 12.3% decline in sales over the first half1 Sharp 143% rise in free cash flow2 to €1,678 million Sales down 12.3% like-for-like in first-half 2020, including a 19.2% decrease in the second quarter owing to the coronavirus pandemic, with very different situations from one country and market to the next Operating income of €827 million, down 49.2% like-for-like, leading to a decline in the operating margin3 from 7.6% to 4.7% EBITDA down 32.4% to €1,635 million Clear-cutaction on costs with savings of €395 million in first-half 2020:...


 
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