Brief: Seluxit Upgrades Expectations For Turnover And Result For FY 2018/2019

Seluxit A/S

10/07/2019 13:48

July 10 (Reuters) - Seluxit A/S  SLXIT.CO :
    * REG-SELUXIT INCREASES ITS EXPECTATIONS FOR THE TURNOVER
AND
RESULT FOR THE FINANCIAL YEAR 2018/2019 - COMPANY ANNOUNCEMENT
NO. 9-2018/2019
    * EXPECTS REVENUE TO INCREASE BY UP TO 50% FROM BUDGETED 12
MILLION DKK TO BETWEEN 17 AND 18 MILLION DKK
    * EXPECTS PROFIT BEFORE TAX TO IMPROVE BY UP TO ALMOST 1
MILLION
DKK, FROM EXPECTED -6,4 MILLION DKK TO BETWEEN -5,5 AND -6,0
MILLION DKK
    * UPWARD ADJUSTMENT IS PRIMARILY A RESULT OF INCREASED SALES
OF
IOT COMBINED HARD- AND SOFTWARE SOLUTIONS FOR MAINLY SMARTMETER
SEGMENT

Source text for Eikon:  ID:nGNE9kswvn 
Further company coverage:  SLXIT.CO 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))