Brief: Safe Orthopaedics FY Operating Loss Widens To EUR 6.1 Million

Safe SA

26/04/2019 17:35

April 26 (Reuters) - SAFE ORTHOPAEDICS SA  SAFOR.PA :
    * SAFE ORTHOPAEDICS ANNOUNCES ITS 2018 RESULTS AND ITS REVENUES FOR THE FIRST QUARTER OF
2019
    * IN 2018: REVENUES OF EUR 3.5MEUR , UP 12%
    * IN Q1 2019: RECORD REVENUES OF EUR 1.1 MILLION, UP 16%
    * IN 2018 OPERATING LOSS OF EUR 6.1M FROM INVESTMENTS IN GERMANY AND UNITED KINGDOM
    * FY NET LOSS EUR 5.8 MILLION VERSUS LOSS OF EUR 6.6 MILLION YEAR AGO
    * AT END OF Q1 OF 2019, SAFE ORTHOPAEDICS' GROSS CASH POSITION WAS EUR 2.46 MILLION
    * FORECASTING OUR GROWTH IN 2019

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