Brief: Oxe Marine Q1 Net Loss Narrows To SEK 19.6 Mln

Oxe Marine AB

22/05/2020 10:23

May 22 (Reuters) - Oxe Marine AB  OXEMA.ST :
    * OXE MARINE AB (PUBL) INTERIM REPORT 1 JANUARY TO 31 MARCH
2020
    * Q1 NET TURNOVER OF SEK 10.3 M (SEK 3.6 M)
    * Q1 NET LOSS FOR PERIOD OF SEK -19.6 M (SEK -33.1 M)
    * OUR SALES IN SHORT TERM HAVE BEEN IMPACTED AS WELL,
ESPECIALLY
SINCE MID-MARCH,
    * WE EXPECT TO MEET OUR FINANCIAL OBJECTIVE OF ACHIEVING 50%
YEAR
ON YEAR GROWTH IN REVENUE FOR 2020

Source text for Eikon:  ID:nWkr5JT38v 
Further company coverage:  OXEMA.ST 

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