Brief: Alumexx FY Net Turnover Up At 2.3 Million Euros

Alumexx NV

20/04/2020 18:10

April 20 (Reuters) - ALUMEXX NV  PHLX.AS :
    * IN 2019, ALUMEXX N.V. ACHIEVED ORGANIC GROWTH OF 48%
COMPARED TO
2018
    * FY NET TURNOVER IN 2019 OF € 2.3 MILLION (2018: € 1.6
MILLION)
    * ON COVID-19: CURRENTLY UNCLEAR HOW LONG THE SITUATION WILL
CONTINUE OR WHAT THE IMPACT ON THE FINANCIAL RESULTS FOR THE
YEAR 2020 COULD BE
    * HAS NO LOANS AND DO NOT EXPECT THE COMPANY TO REQUIRE
EXTERNAL
FINANCING AS A RESULT OF THIS HEALTH SITUATION
    * ALUMEXX'S FINANCIAL POSITION IS GOOD
    * COVID-19: AFTER FIRST TWO MONTHS IN LINE WITH
EXPECTATIONS,
COMPANY GROWTH HAS DECLINED MAINLY SINCE END OF MARCH
    * FIRST QUARTER SALES ARE SHOWING GOOD GROWTH
    * GROWTH HAS DECLINED SINCE THE END OF MARCH
    * IT IS STILL UNCLEAR HOW LONG THE HEALTH SITUATION WILL
CONTINUE
OR WHAT THE IMPACT ON THE 2020 RESULTS COULD BE
    * 2019 OPERATING RESULT CAME IN AT € 104.000 POSITIVE (2018:
€
58.000 NEGATIVE)

Source text for Eikon:  ID:nNDL3SPhhD 
Further company coverage:  PHLX.AS 

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