Brief: Loudspring H2 Operating Loss Widens To EUR 925,000

Eagle Filters Oyj

29/03/2019 06:46

March 29 (Reuters) - Loudspring Oyj  LOUD.HE :
    * FINANCIAL STATEMENT BULLETIN FOR 1 JANUARY - 31 DECEMBER
2018
(AUDITED)
    * FOR MOST BUSINESS SECTORS OUTLOOK CONTINUES TO BE POSITIVE
    * COMPETITION IS EXPECTED TO INCREASE IN ALL BUSINESS
SECTORS
    * A NEED FOR SECURING ADDITIONAL FUNDING CONTINUES FOR MOST
OF
PORTFOLIO COMPANIES
    * LASSI NOPONEN APPOINTED AS NEW CEO
    * H2 TURNOVER EUR 49,000 VERSUS EUR 11,000 YEAR AGO
    * H2 OPERATING LOSS EUR 925,000 VERSUS LOSS EUR 687,000 YEAR
AGO
    * BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND BE PAID.
    * LOUDSPRING'S 2020 TARGETS FOR EAGLE FILTERS REMAIN SAME
    * TARGET 2021 REVENUE FOR EAGLE FILTERS: MORE THAN EUR 10
MILLION
    * TARGET 2021 EBITDA FOR EAGLE FILTERS: MORE THAN EUR 2
MILLION
    * PREVIOUSLY GIVEN TARGETS FOR EAGLE FILTERS WERE SAME BUT
FOR
YEAR 2020

Source text for Eikon:  ID:nWkr2JQWL4 
Further company coverage:  LOUD.HE 

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