ReutersReuters

TKH Group down to 4-month low after H1 earnings miss

RefinitivLess than 1 min read

** Shares in Dutch technology company TKH Group TWEKA fall around 7% to their lowest price in four months as its half-year results missed market expectations

** TKH Group first-half adjusted EBITA declined 18% on organic basis to 80.2 million euro ($93.1 million) compared with an estimate of 101 million cited by KBC Securities

** "EBITA decreased... well below expectations, driven by the start up in the Eemshaven plan and weakness in digitalisation," KBC Securities adds

** Up to the previous session's close, shares were up 7.3%​ YTD

($1 = 0.8613 euros)

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