Brief: Elumeo SE 9-mth Revenue Down 19.2 Pct To EUR 40.6 Mln

Elumeo SE

14/11/2018 06:11

Nov 14 (Reuters) - elumeo SE  ELBG.DE :
    * TO FURTHER IMPROVE EARNINGS, GROUP HAS LAUNCHED A COST-CUTTING PROGRAMME OF UP TO EUR 6.0
MILLION
    * DGAP-NEWS: ELUMEO SE: ELUMEO SE PUBLISHES QUARTERLY RELEASE FOR THE FIRST NINE MONTHS OF
2018
    * RECORDED A 19.2% YEAR-ON-YEAR DECLINE IN REVENUES FOR NINE-MONTH PERIOD OF 2018 (9M 2018:
EUR
40.6 MILLION
    * 9-MONTH TOTAL SEGMENT EBITDA LOWER THAN LAST YEAR AT EUR -8.4 MILLION (9M 2017: EUR -44
THOUSAND)
    * PROGRAMME WILL BEGIN TO TAKE EFFECT AS EARLY AS Q4 OF 2018, WITH MOST CHANGES EXPECTED IN
2019

Source text - nEQ2WrPqxa
Further company coverage:  ELBG.DE 

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