Brief: Eurobio Scientific FY Revenue Up 220% At 189 Million Euros

Eurobio Scientific SA

25/01/2021 16:55

Jan 25 (Reuters) - EUROBIO SCIENTIFIC SA  ALERS.PA :
    * FY REVENUE ROSE 220 PERCENT TO 189 MILLION EUR
    * MORE THAN 60% OF THESE SALES (EUR 117M) ARE RELATED TO
COVID-19
DIAGNOSTIC TESTS AND INSTRUMENTS
    * GROUP EXPECTS A VERY STRONG IMPROVEMENT IN ITS RESULTS FOR
2020
FINANCIAL YEAR
    * VERY SOLID FINANCIAL BASE WITH A CASH POSITION OF AROUND
EUR 65
MILLION AS OF DECEMBER 31, 2020, AND AROUND EUR 25 MILLION OF
OVERALL FINANCIAL DEBT
    * INCREASED VISIBILITY AND THESE STRENGTHENED RESOURCES WILL
ENABLE EUROBIO SCIENTIFIC TO ACCELERATE ITS STRATEGIC DEPLOYMENT

Source text for Eikon:  ID:nGNE9RwNmS 
Further company coverage:  ALERS.PA 

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