1st half 2019 operating profit stands at 10.9%

World News: . []

At identical scope, first half-year growth was 5.3%.

Before taking into account a non-recurring gain **, the first half-year operating profit would have been 9.1% of revenue (compared with 8.5% in the first half of 2018).

The first application of IFRS 16 on leases has no material impact on the operating profit and generated a decrease of €0.5 million in financial income.

Over one year, net cash (excluding IFRS 16 lease liabilities) increased by €34 million. At June 30, 2019, net cash totaled €182.3 million.

Finally, employee turnover decreased by nearly 5 points compared with the first half of 2018.

For the year 2019, NEURONES confirms its forecasts:

*   Before the cost of bonus shares.

** A disposal gain of +€4.6 million was recorded at end-January. This increased the operating profit by 1.8% for the half year and 0.9% for the year as a whole.

Euronext Paris (compartment B - NRO) - Enternext Tech 40 – SRD medium values

At identical scope, first half-year growth was 5.3%.

Before taking into account a non-recurring gain **, the first half-year operating profit would have been 9.1% of revenue (compared with 8.5% in the first half of 2018).

The first application of IFRS 16 on leases has no material impact on the operating profit and generated a decrease of €0.5 million in financial income.

Over one year, net cash (excluding IFRS 16 lease liabilities) increased by €34 million. At June 30, 2019, net cash totaled €182.3 million.

Finally, employee turnover decreased by nearly 5 points compared with the first half of 2018.

For the year 2019, NEURONES confirms its forecasts:

*   Before the cost of bonus shares.

** A disposal gain of +€4.6 million was recorded at end-January. This increased the operating profit by 1.8% for the half year and 0.9% for the year as a whole.

Euronext Paris (compartment B - NRO) - Enternext Tech 40 – SRD medium values

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Globe Newswire: 16:40 GMT Wednesday 11th September 2019

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