Brief: Drone Volt Sees Growth Of Gross Margin And Revenue In 2019

Drone Volt SA

13/03/2019 17:53

March 13 (Reuters) - DRONE VOLT SA  ALDRV.PA :
    * FY NET RESULT LOSS (IFRS) OF EUR 2.7 MILLION VERSUS LOSS OF EUR 2.7 MILLION YEAR AGO
    * FY OPERATING LOSS (IFRS) OF EUR 3.1 MILLION VERSUS LOSS OF EUR 3.5 MILLION YEAR AGO
    * SEES 2019 CONSOLIDATED REVENUE GROWTH OVER 25 PERCENT
    * FY REVENUE (IFRS) EUR 7.4 MILLION VERSUS EUR 7.8 MILLION YEAR AGO
    * IN 2019 GROSS MARGIN SHOULD ALSO CONTINUE TO GROW AND ALLOW GROUP TO REACH BREAK-EVEN
PROFITABILITY
    * TO IMPLEMENT IN 2019 AN OPTIMIZATION PLAN FOR ITS OPERATING EXPENSES
    * THIS PLAN WILL GENERATE NEARLY 800 000 EUROS SAVINGS IN A FULL YEAR, WILL MAINLY FOCUS ON
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REDUCTION OF THE EXPENSES OF REPRESENTATION IN FRANCE AND ABROAD

Source text: https://bit.ly/2Hj0rDA
Further company coverage:  ALDRV.PA 

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