June 22, 2020 / 11:04 AM / 13 days ago

BRIEF-President Energy Posts FY Adjusted EBITDA Of $11.6 Mln

June 22 (Reuters) - President Energy PLC:

* FY REVENUE FELL 14 PERCENT TO 40.8 MILLION USD

* FY GROUP TURNOVER US$40.8 MILLION (2018: US$47.2 MILLION)

* FY ADJUSTED EBITDA US$11.6 MILLION (2018: US$16.7 MILLION)

* EXPECT 2020 TO BE A YEAR OF POSITIVE CASH FLOW, EBITDA AND OPERATIONAL PROFITABILITY Source text for Eikon: Further company coverage:

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