Brief: Adocia 2016 revenue down at 22.4 million euros

Adocia SA

14/02/2017 17:01

Feb 14 (Reuters) - Adocia SA  ADOC.PA :  
    * 2016 revenue of 22.4 million euros ($23.7 million), 
compared to 36.9 million euros in 2015 
    * Solid cash position of 58 million euros at December 31, 
2016 
    * FY operating income 30.4 million euros versus 44.7 million 
euros year ago 
    * Following announcement in January of Eli Lilly's  LLY.N  
decision to terminate the agreement, the remaining non-amortized 
part of up-front payment, (for a total of 18.8 million euros), 
to be fully recognized in 2017 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBw1BTrH5a 
Further company coverage:  ADOC.PA  
 
($1 = 0.9463 euros) 
 
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