Brief: Kalray FY Revenue Up At 1.3 Million Euros

Kalray SA

20/04/2020 18:48

April 20 (Reuters) - Kalray SA  ALKAL.PA :
    * FY CONSOLIDATED EBITDA LOSS EUR 5.6 MILLION VERSUS LOSS
EUR 4.3
MILLION YEAR AGO
    * FREE CASH FLOW OF EUR 14.2 MILLION AT THE END OF 2019
    * ANNUAL SALES CAME AT EUR 1.3 MILLION, UP +63% COMPARED TO
THE
ACTIVITY RECORDED IN 2018
    * FY CONSOLIDATED NET LOSS EUR 9.1 MILLION VERSUS LOSS EUR
8.5
MILLION YEAR AGO
    * 6-MONTH DELAY IN FINANCIAL TARGETS DUE TO THE IMPACT OF
THE
HEALTH CRISIS AND THE CONTINUATION OF PLANNED INVESTMENTS
    * ANTICIPATES FOR 2020 A LEVEL OF OPERATIONAL EXPENSES UP BY
20 TO
22% COMPARED TO 2019
    * IN THIS CONTEXT, FREE CASH FLOW IN 2020 SHOULD BE LOWER
THAN IN
2019

Source text for Eikon:  ID:nNDL7xZbwp 
Further company coverage:  ALKAL.PA 

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