Feb 16 (Reuters) - VISIOMED GROUP SA ALVMG.PA :
* FINALIZATION OF COST REDUCTION PLAN AND SECURING OF
FINANCING
NEEDS FOR 2021
* RECORD ANNUAL SALES IN 2020 AT €19M AND ACCELERATION OF
ORDERS
IN CONNECTED HEALTHCARE AT THE BEGINNING OF 2021
* ESTABLISHMENT OF FINANCING CONTRACT IN CONVERTIBLE BONDS
(OCABSA) OVER 36 MONTHS
* IN BEGINNING OF 2021 HAS CLARIFIED POSITIONING, OPTIMISED
COST
STRUCTURE AND CASH POSITION TO COVER CURRENT ACTIVITY
* SHAREHOLDERS WILL BE CALLED TO NEXT GENERAL MEETING TO
FULLY
IMPLEMENT THIS FINANCING PLAN FOR A MAXIMUM AMOUNT OF €180
MILLION
* 2020 ANNUAL SALES OF €19M, COMPARED WITH €10.2M IN 2019
Source text: https://bit.ly/3jZA4Dh
Further company coverage: ALVMG.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))