Picture of BRAIN Biotech AG logo

BNN BRAIN Biotech AG News Story

0.000.00%
de flag iconLast trade - 00:00
IndustrialsHighly SpeculativeSmall CapMomentum Trap

Brief: B.R.A.I.N. FY adj group EBIT loss widens to 7.6 million euros

Dec 19 (Reuters) - B.R.A.I.N. AG  BNNn.DE : 
    * Slight increase of total operating performance to 26.1 
million euros ($27.21 million) in 2015/16; revenues grew by 8 
pct to 22.8 million euros 
    * Guidance for FY 2016/17: double-digit growth of total 
operating performance and strong improvement of EBIT 
    * FY 2015/16 group EBIT was significantly influenced by 
one-off costs and other factors resulting from IPO, and declined 
year-on-year from -4.6 million euros to -13.8 million euros 
    * Adjusted group EBIT amounted to -7.6 million euros in FY 
2015/16 compared to -3.9 million euros year before 
 
Source text for Eikon:  ID:nEQ7gmK71  
Further company coverage:  BNNn.DE  
 
($1 = 0.9590 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

Recent news on BRAIN Biotech AG

See all news