Brief: Azelio Adjusts Project Plans For COVID-19
08/04/2020 15:00
April 8 (Reuters) - Azelio AB AZELIO.ST :
* ADJUSTING THE TIME PLAN FOR COVID-19
* NEED FOR NEXT FINANCING IS THUS EXTENDED ACCORDINGLY.
* OVERALL TIME PLAN IS MOVED FORWARD ONE QUARTER WITH
INITIATED
COMMERCIAL INSTALLATION DURING Q4 2020 AND SERIAL PRODUCTION
FROM Q3 2021
* COMPANY'S WORKING CAPITAL IS ESTIMATED TO BE SUFFICIENT
FOR
ANOTHER QUARTER COMPARED TO WHAT WAS PREVIOUSLY COMMUNICATED,
UNTIL DECEMBER 2020
Source text for Eikon: ID:nWkr9QYsVz
Further company coverage: AZELIO.ST
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