Brief: Drone Volt 9-Month Revenue Down At 3.3 Million Euros

Drone Volt SA

15/10/2020 06:19

Oct 15 (Reuters) - DRONE VOLT SA  ALDRV.PA :
    * DRONE VOLT REPORTED ON WEDNESDAY A 9-MONTH REVENUE DOWN
37% TO
EUR 3.3 MLN VS EUR 5.2 MLN YEAR AGO
    * 9-MONTH GROSS MARGIN DOWN 50% AT EUR 0.9 MLN VS EUR 1.9
MLN YEAR
AGO
    * SAYS ACTIVITY IS BACK TO Q1 2020 REVENUE AND GROSS MARGIN
LEVELS
    * DRONE VOLT FACTORY DELIVERIES DOUBLED IN Q3 COMPARED WITH
H1
    * GROUP IS PURSUING ITS COST-CUTTING POLICY, WHICH HAS LED
TO A
ONE-THIRD DECREASE IN GROUP'S OPERATING EXPENSES IN H1

  
 Source text for Eikon:  ID:nACT65580 
 Further company coverage:  ALDRV.PA 

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