Brief: Evolva Sees 2020 EBITDA Loss Around CHF 16-17 Million

EvoNext Holdings SA

05/11/2020 06:09

Nov 5 (Reuters) - EVOLVA HOLDING SA  EVE.S :
    * EVOLVA CONTINUES TO DELIVER A RESILIENT PERFORMANCE DURING
THE
PANDEMIC
    * EXPECTS PRODUCT REVENUES FOR THIS YEAR TO GROW AT SAME
RATE AS
IN PREVIOUS YEARS, IN LINE WITH INITIAL GUIDANCE FOR 2020.
    * OUTLOOK 2020: EBITDA LOSS FOR FULL-YEAR WILL RUN ABOVE
PRIOR-YEAR LEVEL, COMING IN AT AROUND CHF 16 TO 17 MILLION
    * 2020 CASH OUTFLOWS WILL BE ABOVE 2019 LEVEL

Source text for Eikon:  ID:nTENexsg0a 
Further company coverage:  EVE.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))