Brief: Safe Orthopaedics total revenue down 6 pct

Safe SA

19/01/2017 16:46

Jan 19 (Reuters) - Safe Orthopaedics SA  SAFOR.PA : 
    * Safe orthopaedics reports adjusted revenue growth of 10 
pct in FY 2016, with an acceleration in the fourth quarter 
    * FY total revenue is 2.4 million euros vs 2.5 million euros 
a year ago 
    * At Dec. 31, 2016, safe orthopaedics held 3.6 million euros 
in cash and cash equivalents, compared with 5.9 million euros at 
Dec. 31, 2015. 
    * Management believes that company holds sufficient funds to 
cover its operational needs until Nov. 2017 
 
Source text for Eikon:  ID:nBwP4LzMa  
Further company coverage:  SAFOR.PA  
 
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