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VSC - 4Sc AG News Story

€1.41 0.0  2.2%

Last Trade - 4:36pm

Sector
Healthcare
Size
Small Cap
Market Cap £59.9m
Enterprise Value £30.2m
Revenue £1.93m
Position in Universe 795th / 1053

BRIEF-4SC Q1 Monthly Use Of Cash From Operations At EUR 1.7 Mln On Average

Tue 21st April, 2020 6:35am
April 21 (Reuters) - 4SC AG  VSCk.DE :
    * 4SC PROVIDES Q1 2020 UPDATE
    * AS OF 31 MARCH 2020, 4SC HOLDS CASH BALANCE/FUNDS OF EUR
40.350
MILLION AS COMPARED TO EUR 45.765 MILLION AS OF 31 DECEMBER 2019
    * MONTHLY USE OF CASH FROM OPERATIONS AMOUNTED TO EUR 1.677
MILLION ON AVERAGE IN Q1 OF 2020 (Q1 2019: EUR 1.263 MILLION)
    * BELIEVES THAT FUNDS SHOULD BE SUFFICIENT TO FINANCE 4SC
INTO
SECOND HALF OF 2021

Source text for Eikon:  ID:nEQ1Sr7FJa 
Further company coverage:  VSCk.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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