Brief: Ecoslops FY net loss narrows to 3.4 million euros
05/04/2017 06:01
April 5 (Reuters) - Ecoslops SA ALESA.PA :
* 2016 annual results: Ecoslops nearly doubles revenues and
reports a strong decrease in operating losses
* FY revenue 4.2 million euros ($4.48 million) versus 2.3
million euros year ago
* FY net loss 3.4 million euros versus loss of 5.8 million
euros year ago
* FY EBIT loss of 4.0 million euros versus loss of 6.3
million euros year ago
* As early as 2017, Port of Sines industrial unit should
generate its first operating profit
* Has signed letter of intent with EGPC (Egyptian General
Petroleum Corporation) to study feasibility of creating oil
residue collection and recycling plant in Suez Canal region
* Confirms its objective to sign a total of three new
projects before end of 2017, including Marseilles
Source text for Eikon: ID:nBwb17KHRa
Further company coverage: ALESA.PA
($1 = 0.9369 euros)
(Gdynia Newsroom:)
((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))