Brief: Drone Volt FY Net Loss Widens To EUR 26.3 Million

Drone Volt SA

15/03/2023 17:00

March 15 (Reuters) - Drone Volt SA  ALDRV.PA :
    * FY REVENUE EUR 13.7 MILLION VERSUS EUR 8.6 MILLION YEAR
AGO
    * FY NET LOSS EUR 26.3 MILLION VERSUS LOSS EUR 1.3 MILLION
YEAR
AGO
    * FY CURRENT OPERATING LOSS EUR 5.2 MILLION VERSUS LOSS EUR
3.1
MILLION YEAR AGO
    * END-DEC GROSS CASH FLOW EUR 1.3 MILLION
    * END-DEC GROSS DEBT EUR 4 MILLION
    * ENTERS 2023 WITH CONFIDENCE, TAKING INTO ACCOUNT ONGOING
NEGOTIATIONS ON SEVERAL SIGNIFICANT ORDERS
    * IN 2023, COMPANY WILL LAUNCH TWO NEW OFFERS FOR CIVIL
PROFESSIONAL DRONES
    * OUTLOOK 2023: COMPANY EXPECTS ITS SALES TO DOUBLE
    * OUTLOOK 2023: COMPANY EXPECTS TO UNVEIL NEW DRONE MODEL TO
ENRICH ITS OFFER

Source text for Eikon: [ID: nACT78942]
Further company coverage:  ALDRV.PA 

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