HF Company: deterioration of accounts in the first half


(AOF) – In the first half, HF Company recorded a net loss, group share, of 523,000 euros compared to a profit of 519,000 euros a year earlier. Operating income also deteriorated, going from -485,000 euros to -854,000 euros in one year. The gross operating surplus (EBE) for the period is negative at -505,000, compared to -57,000 euros in the first half of 2022, but the EBITDA of the Broadband division remains positive at 255,000 euros. The group highlighted the difficult economic context.

The turnover of the integrator of technological solutions and services in the digital and network universe fell by 8.3% to 2.891 million euros.

As of June 30, 2023, the balance sheet of the HF Company Group shows net cash of 21.6 million euros, or 72% of the balance sheet total. Equity amounts to 26.4 million euros.

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