Brief: Bluelinea updates on Research tax credit

Bluelinea SA

10/07/2017 06:02

July 10 (Reuters) - BLUELINEA SA  ALBLU.PA  
    * UPDATE ON RESEARCH TAX CREDIT AND IMPACT ON FINANCIAL 
POSITION 
    * FINANCIAL VISIBILITY UNTIL END 2017 
    * VALIDATION BY THE ILE-DE-FRANCE TAX CONTROL DEPARTMENT OF 
100% OF THE 2012, 2013 AND 2014 RESEARCH TAX CREDITS 
    * HAS PROVISIONED THE TOTAL AMOUNT OF THE TAX CREDIT FOR THE 
PERIOD CONCERNED, IE EUR 1 MLN 
    * PROVISION WILL HAVE NOTICEABLE IMPACT ON THE 2016 RESULTS 
    * STILL CONSIDERING PROJECT TO RAISE FUNDS 
    * DECISION SHOULD MAKE IT POSSIBLE TO RELEASE IN NEAR FUTURE 
THE PAYMENT OF THE RESEARCH TAX CREDITS FOR 2015 AND 2016, OF 
AROUND EUR 1.1 MILLION 
 
Source text: http://bit.ly/2tYFuae 
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