Brief: Median Technologies FY Order Backlog Up At EUR 38.3 Mln

Median Technologies SA

14/04/2020 16:45

April 14 (Reuters) - 
    * FY ORDER BACKLOG OF EUR 38.3 MILLION, UP 61.6% COMPARED
WITH END
DECEMBER 2018
    * FY OPERATING LOSS EUR 8.0 MILLION VERSUS LOSS EUR 15.4
MILLION
YEAR AGO
    * CASH AND CASH EQUIVALENTS AT DECEMBER 31 EUR 7.6 MILLION
VERSUS
EUR 12.7 MILLION YEAR AGO
    * FY NET LOSS EUR 8.0 MILLION VERSUS LOSS EUR 15.3 MILLION
YEAR
AGO
    * ON COVID-19: COMPANY'S BUSINESS HAS BEEN SECURED SINCE
MARCH 16
    * ON COVID-19: ICRO REVENUE FOR Q1 2020 SHOULD IMPROVE
VERSUS Q4
2019
    * ON COVID-19: SERVICES CONTINUE TO BE PROVIDED AS USUAL
    * ON COVID-19: FOR 2020 EXPECTS COVID-19 IMPACT ON ICRO TO
BE
LIMITED
    * VOLUME OF ICRO ORDER BACKLOG MAKES US CONFIDENT IN ABILITY
TO
ACHIEVE 2020 REVENUE TARGET - CEO

Source text: https://bit.ly/2xm89K2
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