Brief: Crealogix Holding Posts FY Net Loss Of CHF 6.3 Mln

Crealogix Holding AG

17/09/2019 06:10

Sept 17 (Reuters) - Crealogix Holding AG  CLXN.S :
    * AT CHF 1.9 MILLION, FY PROFITABILITY (EBITDA) WAS BELOW
PREVIOUS
YEAR'S LEVEL (CHF 7.0 MILLION)
    * FY REVENUES INCREASED BY 17% FROM CHF 87.1 MILLION TO CHF
101.9
MILLION
    * FY NET LOSS OF CHF 6.3 MILLION (PREVIOUS YEAR: NET PROFIT
CHF
0.7 MILLION)
    * DECIDED NOT TO PROPOSE DIVIDENDS FROM CAPITAL RESERVES TO
SHAREHOLDERS AT ANNUAL GENERAL MEETING
    * DOES NOT EXPECT AN IMPROVED EBITDA FOR 2019/20 FINANCIAL
YEAR
    * OUTLOOK 2019/20: REVENUES ARE EXPECTED TO GROW FURTHER

Source text for Eikon:  ID:nTENn8cr8a 
Further company coverage:  CLXN.S 

 (Reporting by Veronica Snoj)
 ((Veronica.Snoj@thomsonreuters.com;))