Brief: Evolva Holding sees FY 2016 revenues at CHF 9-10 million

EvoNext Holdings SA

10/01/2017 06:01

Jan 10 (Reuters) - Evolva Holding SA  EVE.S : 
    * Evolva provides update on Stevia collaboration and 2016 
preliminary top-line numbers 
    * Believes it has a good financial position going into 2017 
and expects an uptick in both product and partnership revenues 
    * Evolva currently expects Eversweet to launch in 2018 
    * Based on preliminary, unaudited numbers, 2016 revenues are 
now expected to come in at between 9-10 million Swiss francs, 
around a third lower than expected in august 
    * Preliminary 2016 end cash position is estimated to be on 
target at around 47 million Swiss francs ($46.43 million) 
 
Source text for Eikon:  ID:nTENjmv5na  
Further company coverage:  EVE.S  
 
($1 = 1.0122 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))