Brief: Fermentalg FY Net Loss Narrows To EUR 6.9 Million

Fermentalg SA

16/04/2021 06:37

April 16 (Reuters) - Fermentalg SA  FALG.PA :
    * FY CONSOLIDATED NET LOSS EUR 6.9 MILLION VERSUS LOSS OF
EUR 17.3
MILLION YEAR AGO
    * FY OPERATING LOSS AFTER SHARE-BASED PAYMENTS AND NON-REC
ELEMENTS EUR 6.2 MLN VS LOSS OF EUR 13.6 MLN YR AGO
    * FAVOURABLE PERSPECTIVES FOR SHORT AND MID TERMS
    * IMPLEMENTATION OF STRATEGIC AGREEMENTS WITH DDW INC.
(NATURAL
FOOD COLOURING) AND SUEZ (ENVIRONMENTAL SOLUTIONS) AND INCREASED
FOCUS ON OMEGA-3S
    * Q1 REVENUE DOUBLED VERSUS YEAR AGO
    * BELIEVES IT HAS FINANCIAL RESOURCES NECESSARY TO PURSUE
ITS
OBJECTIVES UNTIL 2023

Source text for Eikon:  ID:nACT68707 
Further company coverage:  FALG.PA 

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