Brief: Archos FY Consolidated Net Loss Widens To EUR 9.3 Mln

Archos SA

18/03/2022 17:47

March 18 (Reuters) - Archos SA  ALJXR.PA :
    * RECORDS A TURNOVER OF 15.4 MEUR FOR THE YEAR 2021 AGAINST
22.7
MEUR IN 2020
    * DECREASE IS MAINLY DUE TO THE COVID 19 CRISIS, THE EFFECTS
OF
WHICH CONTINUED INTO 2021
    * FY OPERATING RESULT STANDS AT -4.2 MEUR
    * FY CONSOLIDATED NET LOSS OF EUR 9.25 MILLION VERSUS LOSS
OF EUR
3.10 MILLION YEAR AGO
    * FY CASH POSITION EUR 15.96 MILLION
    * HAS THE MEANS TO CONTINUE TO DEPLOY ITS STRATEGIC PLAN IN
2022,
IN PARTICULAR: REALISING 50% OF ITS ACTIVITY IN B2B IN SUPPORT
OF KEY ACCOUNTS
    * OUTLOOK: DOES NOT EXCLUDE CARRYING OUT EXTERNAL GROWTH
TRANSACTIONS

Source text for Eikon:  ID:nACT73620 
Further company coverage:  ALJXR.PA 

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