Brief: Fermentalg FY Consolidated Net Loss Widens To 17.3 Million Euros

Fermentalg SA

01/04/2020 17:29

April 1 (Reuters) - FERMENTALG SA  FALG.PA :
    * 2019 RESULTS
    * FY CONSOLIDATED NET LOSS EUR 17.3 MILLION VERSUS LOSS EUR
8.1
MILLION YEAR AGO
    * FY OPERATING LOSS AFTER SHARE-BASED PAYMENTS AND
NON-RECURRING
ELEMENTS EUR 13.6 MILLION VERSUS LOSS EUR 7.6 MILLION YEAR AGO
    * ON CORONAVIRUS: TO DATE, THE LIBOURNE SITE HAS BEEN CLOSED
    * CONFIRMATION OF MEDIUM-TERM AMBITIONS FOR INDUSTRIAL AND
COMMERCIAL DEVELOPMENT DESPITE UNCERTAINTIES LINKED TO COVID-19
CRISIS
    * COMMERCIAL ACTIVITY DISRUPTED BY CANCELLATIONS OF TRADE
SHOWS,
LIMITATION OF TRAVEL AND ACTIVITY REDUCED IN MANY COUNTRIES
    * CONSEQUENCES ON LAUNCHES OF PROJECTS OR PRODUCTS PLANNED
BY
PROSPECTS AND CUSTOMERS CURRENTLY UNDETERMINED, BUT COULD IMPACT
SALES IN 2020
    * ON CORONAVIRUS: IT IS DIFFICULT TODAY TO QUANTIFY THE
IMPACTS OF
THE COVID-19 EPIDEMIC ON THE COMPANY'S ACTIVITY FOR THE YEAR
2020

Source text for Eikon:  ID:nACT62776 
Further company coverage:  FALG.PA 

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