Brief: Arco Vara As Says Q4 2018 Revenue At 1.3 Million Euros

Arco Vara AS

14/02/2019 15:28

Feb 14 (Reuters) - Arco Vara AS  ARC1T.TL :
    * SAYS IN Q4 2018, GROUP'S REVENUE WAS 1.3 MILLION EUROS,
WHICH IS
6.2 TIMES LESS THAN REVENUE OF 8.0 MILLION EUROS IN Q4 2017
    * SAYS IN 12 MONTHS 2018, GROUP'S REVENUE WAS 6.6 MILLION
EUROS,
WHICH IS 2.8 TIMES LESS THAN REVENUE OF 18.3 MILLION EUROS IN 12
MONTHS 2017.
    * SAYS IN Q4 2018, GROUP'S OPERATING LOSS (=EBIT) WAS 0.1
MILLION
EUROS AND NET LOSS 0.2 MILLION EUROS (IN 12 MONTHS 2018: NO
OPERATING PROFIT AND NET LOSS OF 0.5 MILLION EUROS)
    * SAYS IN 12 MONTHS OF 2018, GROUP'S DEBT BURDEN (NET LOANS)
INCREASED BY 4.5 MILLION EUROS UP TO LEVEL OF 14.2 MILLION EUROS
AS OF 31 DECEMBER 2018

Source text for Eikon:  ID:nGNE1nJPmz 
Further company coverage:  ARC1T.TL 

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