Brief: Evolva Holding H1 net loss widens to CHF 20.3 million

EvoNext Holdings SA

14/08/2017 06:01

Aug 14 (Reuters) - EVOLVA HOLDING SA  EVE.S : 
    * H1 PRODUCT SALES UP STRONGLY AND NOW ACCOUNTING FOR 25% OF 
TOTAL REVENUES (1H 2016: 11%), OVERALL REVENUES COMPARABLE WITH 
LAST YEAR 
    * CASH POSITION OF CHF 33.8 MILLION ON 30 JUNE 2017 (31 
DECEMBER 2016: CHF 47.5M)  
    * FY OUTLOOK: WE EXPECT TO CONTINUE EXPANDING OUR CUSTOMER 
PIPELINE 
    * H1 NET RESULT -20.3 MILLION CHF VERSUS -18.8 MILLION CHF 
YEAR AGO 
    * EXPECTS REVENUES FROM RESEARCH AND DEVELOPMENT IN THE 
SECOND HALF TO BE SLIGHTLY BELOW THE LEVEL OF THE FIRST HALF. 
 
Source text: http://bit.ly/2wHFpGp 
Further company coverage:  EVE.S  
 
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