Brief: Neovacs H1 Net Loss Shrinks To 3.2 Million Euros

Neovacs SA

28/10/2021 07:07

Oct 28 (Reuters) - NEOVACS SA  ALNEV.PA :
    * NEOVACS PUBLISHES SOLID HALF-YEAR FINANCIAL STATEMENTS 
CONFIRMING EXECUTION OF BUSINESS PLAN
    * FINANCIAL STRUCTURE STRENGTHENED WITH €35M OF CASH AT THE
END OF
JUNE
    * AT JUNE 30, 2021, ONLY €0.2 MILLION IN FINANCIAL DEBT
    * HALF-YEAR OPERATING INCOME AT -3.4 M € COMPARED TO -1.8 M
€ IN
THE FIRST HALF OF 2020
    * HALF-YEAR NET RESULT (LOSS) HAS IMPROVED SIGNIFICANTLY, AT
-3.2
M € COMPARED TO -6.4 M € YEAR AGO

Further company coverage:  ALNEV.PA 

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