Brief: Simris Gets Its Largest Single Order Ever Worth About SEK 4.0 Mln

Simris AB

02/05/2023 11:24

May 2 (Reuters) - Simris Group AB  SIMRISb.ST :
    * RECEIVES ITS LARGEST SINGLE ORDER EVER FOR
FUCOXANTHIN-RICH
ALGAL BIOMASS WORTH ABOUT SEK 4.0 MILLION
    * ORDER COMES FROM EXISTING CUSTOMER
    * FIRST 60% OF ORDER IS CONFIRMED, WITH 25% OF THIS VALUE
PAID AT
TIME OF ORDER AND BALANCE DUE FOLLOWING DELIVERY AT BEGINNING OF
Q3
    * FINAL 40% OF ORDER, WITH IDENTICAL PAYMENT TERMS, EXPECTED
TO BE
CONFIRMED BY END OF Q2

Source text for Eikon:  ID:nMFN9NvzZX 
Further company coverage:  SIMRISb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))