Brief: PCF Group Updates Time Frame For Strategy Implementation

PCF SA

20/09/2024 16:46

Sept 20 (Reuters) - PCF Group SA  PCF1.WA :
    * UPDATES TIME FRAMES FOR IMPLEMENTING STRATEGY
    * PLANS TO RELEASE BISON PROJECT IN SELF-PUBLISHING MODEL IN
2025
    * ALSO PLANS TO RELEASE BIFROST AND VICTORIA PROJECTS IN
EARLY
ACCESS IN 2026
    * STRATEGIC GOAL TO GENERATE TOTAL REVENUE OF AT LEAST 3.3
BILLION
ZLOTYS IN 2024-2028
    * MANAGEMENT DOES NOT ANTICIPATE DIVIDEND PAYMENT UNTIL
COMPANY
HAS POSITIVE CASH FLOW FROM OWN PUBLISHING BUSINESS ACTIVITY AND
NO SOONER THAN 2026
    * KEY CONDITION FOR FULL STRATEGY IMPLEMENTATION WILL BE
SECURING
FINANCING FOR ABOUT 350 MILLION ZLOTYS IN 2025-2026

Source text for Workspace:  ID:nEM43MNxRa 
Further company coverage:  PCF1.WA 

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