Brief: Aquaporin Decreases Financial Guidance For 2024

Aquaporin A/S

08/10/2024 15:42

Oct 8 (Reuters) - Aquaporin A/S  AQP.CO :
    * DECREASES FINANCIAL GUIDANCE FOR 2024
    * REVENUE GUIDANCE ADJUSTED TO DKK 40-45 MILLION FROM DKK
90-110
MILLION
    * GROSS PROFIT MARGIN GUIDANCE REMAINS UNCHANGED AT 30-35%
    * NEW GUIDANCE FOR 2024 IS A LOSS OF DKK (90) MILLION
    * REVISED REVENUE GUIDANCE IS CONSEQUENCE OF SIGNIFICANT AND
UNEXPECTED CHANGE IN DEMAND FROM AQUAPORIN'S LARGEST KEY ACCOUNT
    * WITNESSED A SLOWER CONVERSION OF MEMBRANE CUSTOMERS FROM
TESTING
TO COMMERCIAL
    * WITNESSED DELAY OF A KEY FORWARD OSMOSIS PROJECT

Source text for Eikon:  ID:nWkr11ldM2 
Further company coverage:  AQP.CO 

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