Brief: Avantium Holding H1 revenues up at EUR 5.8 million

Avantium NV

25/08/2017 06:03

Aug 25 (Reuters) - AVANTIUM HOLDING BV  AVTX.AS : 
    * H1 CONSOLIDATED REVENUES FOR THE FIRST HALF YEAR INCREASED 
37% TO  5.8 MILLION (H1 2016:  4.2 MILLION) 
    * IN H1 2017 OPERATING EXPENSES INCREASED TO  11.3 MILLION 
(H1 2016:  5.7 MILLION) 
    * NET RESULT FOR THE FIRST HALF YEAR OF 2017 AMOUNTS TO  
-9.1 MILLION (H1 2016:  -6.8 MILLION). 
    * TOTAL ADJUSTED EBITDA IMPROVED FROM  -3.6 MILLION IN 2016 
TO  0.0 MILLION IN 2017. 
    * OVERALL, WE EXPECT TO DELIVER ON OUR COMMUNICATED 
MILESTONES FOR 2017. 
 
Source text: http://bit.ly/2wa3Zjo 
Further company coverage:  AVTX.AS  
 
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