Brief: CrowdFundMe H1 Prelim. Revenue At EUR 150,000, Cuts 2019 Forecasts

Entera S.p.A

09/09/2019 17:10

Sept 9 (Reuters) - CrowdFundMe SpA  CFM.MI :    
    * CUTS 2019 ESTIMATES DUE TO DELAY IN OPENING OF SOME NEW
BUSINESS
CHANNELS
    * H1 PRELIMINARY REVENUE EUR 150,000
    * PRELIMINARY REVENUE TO AUG-END EUR 0.2 MLN
    * FIRST FOUR MONTHS OF 2019 SAW DELAY IN MARKETING PLANS AND
GENERAL MARKET SLOWDOWN
    * DEVIATION IN PRELIMINARY NUMBER OF CROWDFUNDING CAMPAIGNS
IS
MAINLY DUE TO DELAY IN DEVELOPING REAL ESTATE BUSINESS LINE
    * TO ISSUE BY YEAR-END NEW BUSINESS PLAN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA3ZWfTl
    
 Further company coverage:  CFM.MI