Brief: Afyren FY Operating Result Turns To Loss Of 2.2 Million Euros

AFYREN SA

24/03/2022 17:28

March 24 (Reuters) - AFYREN SAS  ALAFY.PA :
    * FY OPERATING LOSS OF EUR 2.2 MILLION VERSUS PROFIT OF EUR
0.2
MILLION YEAR AGO
    * REVENUES IN 2021 AMOUNT TO €3.04 MILLION, COMPARED TO
€3.99
MILLION IN 2020
    * SOLID CASH POSITION OF €67M AT THE END OF 2021 FOLLOWING
THE
SUCCESS OF THE IPO
    * NET LOSS IN 2021, AMOUNTING TO €3.61 MILLION (COMPARED
WITH
€2.13 MILLION IN 2020)
    * REAFFIRMS ITS FINANCIAL OUTLOOK AND OBJECTIVES
    * LAUNCH OF THE FIRST AFYREN NEOXY PLANT WILL ALLOW DELIVERY
OF
FIRST BATCHES AS EARLY AS 2022
    * IS CURRENTLY STUDYING THE IMPLEMENTATION OF PLANT N°2 FOR
LAUNCH
AT END OF 2024

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Further company coverage:  ALAFY.PA 

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