Brief: Staramba Sees Lower FY Sales And EBITDA

NEXR Technologies SE

04/06/2019 13:34

June 4(Reuters) - STARAMBA SE  AT8.DE :
    * SALES AND EBITDA IN FISCAL YEAR 2018 SIGNIFICANTLY LOWER
THAN
ASSUMED DUE TO TREATMENT OF TOKEN SALES AS ADVANCE PAYMENTS
RECEIVED
    * FY SALES IN AMOUNT OF APPROXIMATELY EUR 0.3 MLN INSTEAD OF
FORECAST EUR 17.6 MLN
    * FY EBITDA EUR -11.1 MLN INSTEAD OF EUR 5.7 MLN
    * SAYS EXISTENCE OF A LOSS OF MORE THAN HALF OF SHARE
CAPITAL OF
COMPANY AS AT 31 DECEMBER 2018 IS TO BE ASSUMED
    * WILL IMMEDIATELY CONVENE AN EXTRAORDINARY GENERAL MEETING

    
 Source text for Eikon:  ID:nEQ5dYTNFa 
    
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