Brief: Spinnova Proposes That No Dividend Be Distributed For 2024

Spinnova Oyj

13/02/2025 06:35

Feb 13 (Reuters) - Spinnova Oyj  SPINN.HE :
    * IN MEDIUM TERM, SPINNOVA FOCUSES ON GROWTH AND COMPANY
DOES NOT
EXPECT TO DISTRIBUTE A DIVIDEND IN SHORT TO MEDIUM TERM
    *  AT THIS TIME, SPINNOVA IS NOT PROVIDING FINANCIAL
GUIDANCE FOR
2025
    * OUTLOOK IS DEPENDENT ON ONGOING PLANNING WITH SUZANO ON
FASTEST
WAY TO VALIDATE END-TO-END PROCESS EFFICIENCY METRICS OF
SPINNOVA TECHNOLOGY
    * AIM IS TO UPDATE FINANCIAL GUIDANCE FOR 2025 IN COMING
MONTHS.
    * PROPOSES TO ANNUAL GENERAL MEETING THAT NO DIVIDEND BE
DISTRIBUTED FOR FINANCIAL YEAR JANUARY-DECEMBER 2024
    * H2 REVENUE WAS EUR 400 THOUSAND (EUR 1 820 THOUSAND).
    * H2 OPERATING RESULT FOR PERIOD WAS EUR -8 443 THOUSAND
(EUR -9
931 THOUSAND)

Source text:  ID:nWkr2q6RZH 
Further company coverage:  SPINN.HE 

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