Brief: Oxe Marine Q4 Operating Loss Narrows To SEK 22.8 Mln

Oxe Marine AB

21/02/2020 14:08

Feb 21 (Reuters) - Oxe Marine AB  OXEMA.ST :
    * OXE MARINE AB (PUBL) INTERIM REPORT 1 OCTOBER TO 31
DECEMBER
2019
    * Q4 NET TURNOVER OF SEK 40.1 M (SEK 9.0 M)
    * Q4 OPERATING LOSS OF SEK 22.8 M (LOSS SEK 27.4 M)
    * OUR EXPECTED START DATE OF OXE300 PRODUCTION IN MAY 2020
REMAINS
UNCHANGED AND WE ARE INCREASING OUR PLANNING AND EXECUTION
RESOURCES
    * IS AWARE OF CORONAVIRUS EPIDEMIC AND CONTINUES TO MONITOR
ITS
POTENTIAL IMPACT ON SUPPLY CHAIN AND SALES IN AFFECTED REGIONS.

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

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