Brief: Azelio Q3 EBIT Loss Widens To SEK 46.2 Mln

Azelio AB

25/11/2019 07:01

Nov 25 (Reuters) - Azelio AB  AZELIO.ST :
    * Q3 NET SALES FOR PERIOD AMOUNTED TO SEK 285,000 (416,000)
    * NEXT INTERIM GOAL IS VERIFICATION PROJECT IN MOROCCO,
WHICH IS
EXPECTED TO PRODUCE ELECTRICITY AT END OF YEAR
    * Q3 OPERATING EBIT DECREASED TO SEK -46,217,000
(-25,514,000)
    * THE BOARD OF DIRECTORS INTENDS TO RESOLVE ON A PARTLY
GUARANTEED
RIGHTS ISSUE OF AROUND SEK 350 MILLION

Source text for Eikon:  ID:nWkr3MpHG7 
Further company coverage:  AZELIO.ST 

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