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SEYE - Smart Eye AB (publ) News Story

SEK127 0.0  0.0%

Last Trade - 5:00pm

Sector
Technology
Size
Small Cap
Market Cap £165.7m
Enterprise Value £158.9m
Revenue £4.95m
Position in Universe 668th / 1785

BRIEF-Smart Eye Q4 Operating Loss Widens To SEK 35.2 Mln

Thu 20th February, 2020 7:45am
Feb 20 (Reuters) - Smart Eye AB (publ)  SEYE.ST :
    * OCT-DEC NET SALES TOTALLED SEK 13,505 (14,961) THOUSAND
WHICH
CORRESPONDS TO A DECREASE OF 10 %.
    * OCT-DEC OPERATING LOSS TOTALLED SEK -35,204 (-15,628)
THOUSAND
    * SAYS BOTH AIS AND RI HAVE PARTS OF THEIR SUPPLY CHAIN IN
CHINA,
WHICH IS CURRENTLY CREATING DELAYS THAT WE CANNOT YET QUANTIFY
    * SAYS WE WORK HARD TO MITIGATE ANY EFFECTS
    * SAYS IN ADDITION TO DELAYS IN SUPPLY CHAIN, WORK FOR AIS
GOES
FORWARD ACCORDING TO PLAN AND CUSTOMER INTEREST IS VERY LARGE
FOR AFTERMARKET PRODUCT

Source text for Eikon:  ID:nWkr20pGD2 
Further company coverage:  SEYE.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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