Brief: Fermentalg H1 Net Loss Narrows To EUR 4.4 Million

Fermentalg SA

15/09/2020 18:07

Sept 15 (Reuters) - Fermentalg SA  FALG.PA :
    * H1 RESULTS
    * H1 NET LOSS EUR 4.4 MILLION VERSUS LOSS OF EUR 5.4 MILLION
YEAR
AGO
    * NET FINANCIAL DEBT AMOUNTED TO €4.5M AT THE END OF JUNE
    * GRADUAL RESUMPTION OF THE COMMERCIAL ACTIVITY OF DHA
ORIGINS
    * SECURED OVERALL FINANCING OF MINIMUM AMOUNT OF €20.0
MILLION
OVER 2 YEARS WHICH COULD REACH €29.1 MILLION IF ALL WARRANTS ARE
EXERCISED IN FULL
    * H1 OPERATING LOSS EUR 4.3 MILLION VERSUS LOSS OF EUR 4.3
MILLION
YEAR AGO
    * END-JUNE CASH AND CASH EQUIVALENTS EUR 12.9 MILLION

Source text for Eikon: [ID: nNDL4qNSqH]
Further company coverage:  FALG.PA 

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