Brief: Fermentalg FY Revenue Up At 2.2 Million Euros

Fermentalg SA

28/01/2021 17:42

Jan 28 (Reuters) - FERMENTALG SA  FALG.PA :
    * COMMERCIAL GROWTH, STRATEGIC ALLIANCES AND STRENGTHENING
OF THE
FINANCIAL STRUCTURE IN 2020
    * FY REVENUE EUR 2.2 MLN EUROS, UP 16% FROM 2019 
    * 16% INCREASE IN ANNUAL OMEGA-3S SALES, DESPITE THE HEALTH
CRISIS
    * € 11.8 MILLION IN GROSS CASH AT THE END OF 2020
    * STRENGTHENS FINANCIAL PERSPECTIVES
    * FERMENTALG AND KEPLER CHEUVREUX SIGNED AMENDMENT TO THE
JUNE
2020 CONTRACT ON POTENTIAL ADDITIONAL FUNDRAISING REDUCING THE
MAXIMUM DISCOUNT TO 5.0% AND EXTENDING THE EXISTING PROGRAM

Source text for Eikon:  ID:nACT67229 
Further company coverage:  FALG.PA 

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