Brief: Adocia FY Operating Income Turns To Loss Of 22.0 Million Euros

Adocia SA

12/03/2020 18:08

March 12 (Reuters) - ADOCIA SA  ADOC.PA :
    * FY NET LOSS 18.6 MILLION EUR VERSUS 7.6 MILLION EUR PROFIT
YEAR
AGO
    * FY EPS LOSS 2.68 EUR VERSUS 1.10 EUR PROFIT YEAR AGO
    * AS OF 31 DEC 2019 CASH POSITION OF EUR 43.7 MILLION
    * FY REVENUE EUR 2.1 MILLION VERSUS EUR 47.4 MILLION YEAR
AGO
    * AS OF 31 DEC 2019 FINANCIAL DEBTS OF EUR 21.2 MILLION
    * FY OPERATING LOSS EUR 22.0 MILLION VERSUS PROFIT EUR 9.7
MILLION
YEAR AGO
    * FY CASH POSITION OF EUR 43.7 MILLION AS OF DECEMBER 31,
2019,
INCREASING BY EUR 3.8 MILLION COMPARED TO DECEMBER 31, 2018
    * WITH EUR 43.7 MILLION IN CASH AT BEGINNING OF JANUARY
2020, WE
ARE CONTINUING SUSTAINED DEVELOPMENT OF COMPANY WHILE
MAINTAINING RIGOROUS MANAGEMENT OF EXPENSES - CFO

Source text for Eikon:  ID:nBw1q0Brsa 
Further company coverage:  ADOC.PA 

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