Brief: Biofrontera FY Net Loss Before Tax At EUR 12.7 Mln

Biofrontera AG

13/04/2021 06:26

April 13 (Reuters) - BIOFRONTERA AG  B8FGn.DE :
    * SAID ON MONDAY BIOFRONTERA REPORTS RESULTS FOR THE 2020
FINANCIAL YEAR
    * FY REVENUE DECREASED BY 3% TO EUR 30.3 MILLION COMPARED TO
EUR
31.3 MILLION IN 2019
    * FY LOSS FROM OPERATIONS AMOUNTED TO EUR 7.6 MILLION
COMPARED TO
A LOSS OF EUR 23.4 MILLION IN 2019
    * FY NET LOSS BEFORE TAX WAS EUR 12.7 MILLION COMPARED TO A
LOSS
OF EUR 4.8 MILLION IN 2019
    * EXPECTS REVENUE FROM PRODUCT SALES OF EUR 25 TO 32 MILLION
IN
FISCAL YEAR 2021
    * EXPECTS 2021 EBITDA (LOSS) TO BE BETWEEN EUR (11) MILLION
AND
EUR (14) MILLION 
    * EXPECTS EBIT (LOSS) BETWEEN EUR (13) MILLION AND EUR (16)
MILLION IN 2021

Source text for Eikon:  ID:nPex341Cza 
Further company coverage:  B8FGn.DE 

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