Brief: Neovacs FY Operating Loss Narrows To 13.1 Million Euros

Neovacs SA

25/03/2019 06:39

March 25 (Reuters) - NEOVACS SA  ALNEV.PA :
    * REG-NEOVACS REPORTS FULL-YEAR 2018 FINANCIAL RESULTS AND PROVIDES CORPORATE UPDATE
    * FY NET LOSS EUR 10.8 MILLION VERSUS LOSS OF EUR 14.8 MILLION YEAR AGO
    * FY OPERATING LOSS EUR 13.1 MILLION VERSUS LOSS OF EUR 18.3 MILLION YEAR AGO
    * BASED ON RESEARCH AND DEVELOPMENT COST FORECAST, COMPANY IS FINANCED FOR NEXT 12 MONTHS
    * €10 MILLION CONVERTIBLE BOND ISSUANCE SPREAD OVER 24 MONTHS (ORNANE – BOND CONVERTIBLE
INTO NEW
OR EXISTING SHARES OR REFUNDABLE IN CASH) WITHOUT WARRANTS

Source text for Eikon:  ID:nGNE3CstTf 
Further company coverage:  ALNEV.PA 

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