Brief: Metabolic Explorer H1 Net Result Turns To Profit Of 76.9 Million Euros

Metabolic Explorer SA

01/10/2021 07:19

Oct 1 (Reuters) - METABOLIC EXPLORER  METEX.PA :
    * METABOLIC EXPLORER ANNOUNCED ON THURSDAY H1 OPERATING
INCOME EUR
76.9 MLN VS LOSS OF EUR 4.9 MLN YEAR AGO 
    * H1 NET RESULT EUR 76.7 MLN VS LOSS OF EUR 4.9 MLN YEAR AGO
    * END-JUNE GROSS CASH POSITION AT EUR 13.8 MLN 
    * END-JUNE DEBT AT EUR 24.3 MLN VS EUR 14,8 MLN AT
END-DECEMBER
2020
    * CONFIRMS FY REVENUE OUTLOOK  
    * SEES FY EBITDA LOSS OF ABOUT EUR 4 MLN 
    * IN H2 CO WILL WORK TO RAMP UP PRODUCTION OF METEX NØØVISTA
    * ENGINEERING TEAMS FROM METEX AND METEX NØØVISTAGO
CURRENTLY
INITIATING STUDIES INTO THE INDUSTRIALISATION OF GLYCOLIC ACID
TO INFORM AN INVESTMENT DECISION IN Q2 2022

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDLy00nw
 Further company coverage:  METEX.PA  

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