Brief: Dietswell To Accelerate Shift To New Energies

Dolfines SA

27/08/2020 17:45

Aug 27 (Reuters) - Dietswell SA  ALDIE.PA :
    * SITUATION AT THE END OF JULY 2020
    * ALTHOUGH AFFECTED BY THE CRISIS, THE OIL & GAS ACTIVITY
REMAINS
AN IMPORTANT REBOUND SUPPORT
    * HIGH EXPECTED IMPACT OF THE GENERAL CONTRACTION IN
ECONOMIC AND
OIL ACTIVITY ON THE 2020 RESULTS
    * ACCELERATING THE SHIFT OF BUSINESS MODEL TO NEW ENERGIES
WITH
GROWING INTERNATIONAL RECOGNITION OF DOLFINES’ SUCCESSES
    * ANNOUNCES THAT IT IS ACTIVELY EXPLORING VARIOUS STRATEGIC
OPTIONS TO ACCELERATE ITS DEVELOPMENT IN PROMISING FLOATING WIND
MARKET
    * AS OF 31 JULY 2020, NET FINANCIAL DEBT STOOD AT 0.04
MILLION
EUROS COMPARED TO 1.06 MILLION EUROS AT THE END OF 2019
    * CASH SITUATION STOOD AT END OF JULY 2020 AT 0.80 MILLION
EUROS
COMPARED TO 0.31 MILLION EUROS AT END OF 2019
    * RESIDUAL NET BOOK VALUE OF 2 DRILLING RIGS SEDLAR 160,
SEDLAR
250 REDUCED TO ZERO FOR FY 2019. ALL OPTIONS REMAIN OPEN FOR
MARKET VALUATION

Source text for Eikon:  ID:nNDLc0sJvJ 
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