Brief: Spineway H1 Total Revenue Rises To EUR 5.4 Million

Spineway SA

19/09/2023 17:15

Sept 19 (Reuters) - Spineway SA  ALSPW.PA :
    * TOTAL REVENUE FOR THE FIRST HALF OF 2023 IS €5.4 MILLION,
UP 75%
COMPARED WITH THE FIRST HALF OF 2022
    * H1 GROSS MARGIN OF €3.9M (72% OF REVENUE)
    * THE OPERATING LOSS IS €1.6 MILLION IN THE SIX MONTHS TO
JUNE 30,
2023
    * PLANS TO EXPAND ITS PREMIUM RANGE OF IMPLANTS AND
INSTRUMENTS
    * H1 NET LOSS EUR 1.9 MILLION VERSUS LOSS EUR 0.8 MILLION
YEAR AGO
    * DEVELOPMENT OF NEW STRATEGIC PROJECTS AND RAMP-UP OF
PREMIUM
RANGES IN NEW GEOGRAPHIES SHOULD ENABLE TO RETURN TO OPERATING
BREAKEVEN IN MEDIUM TERM

Source text for Eikon:  ID:nGNE7jQYkZ 
Further company coverage:  ALSPW.PA 

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