Brief: Coil FY Net Loss Narrows To -2.2 Million Euros

Coil SA

30/04/2024 16:54

April 30 (Reuters) - Coil SA  ALCOI.PA :
    * FY SALES OF EUR 21.8M (DOWN 18.0%) WERE IMPACTED BY
DIFFICULT
ECONOMIC CLIMATE
    * FY NET PROFIT REDUCED ITS LOSS TO EUR (2.2)M, COMPARED
WITH EUR
(3.0)M IN 2022
    * FY NET DEBT UNDER CONTROL AT 24% OF EQUITY AT 31 DECEMBER
2023
    * IN 2024, COIL WILL ROLL OUT ITS STRATEGIC AGREEMENT TO
LEVERAGE
ITS TECHNOLOGY AND BRAND IN CHINA
    * FY CURRENT OPERATING INCOME WAS A LOSS OF EUR (2.1)M

Source text for Eikon:  ID:nGNE2M7dLN 
Further company coverage:  ALCOI.PA 

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