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Vivanco Gruppe swings to profit in H1

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Vivanco Gruppe swings to profit in H1

4911282 said its first-half normalized net income was 60 euro cents per share, compared with a loss of 9 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €3.3 million, compared with a loss of €503,380 in the prior-year period.

otal revenue grew on an annual basis to €37.0 million from €36.4 million, and total operating expenses declined 13.9% from the prior-year period to €31.0 Vivanco Gruppe AG