Brief: Summa Defence Says Current Working Capital Insufficient For Next 12 Months Without New Financing
13/05/2026 17:33
May 13 (Reuters) - Summa Defence Oyj SUMMA.HE: INSIDE INFORMATION: SUMMA DEFENCE PLC: WORKING CAPITAL SUFFICIENCY SUMMA DEFENCE OYJ - SAYS CURRENT WORKING CAPITAL INSUFFICIENT FOR NEXT 12 MONTHS WITHOUT NEW FINANCING SUMMA DEFENCE OYJ - ESTIMATES WORKING CAPITAL SUFFICIENT FOR ABOUT TWO MONTHS SUMMA DEFENCE OYJ - SAYS LIQUIDITY POSITION VERY TIGHT, IN NEGOTIATIONS TO STRENGTHEN FINANCIAL POSITION SUMMA DEFENCE OYJ - PLANS EQUITY AND DEBT FINANCING ARRANGEMENTS DURING 2026 SUMMA DEFENCE OYJ - WARNS FAILURE TO SECURE FINANCING MAY IMPACT GOING CONCERN SUMMA DEFENCE OYJ - ESTIMATES NEW WORKING CAPITAL REQUIREMENT OF EUR 10-20 MILLION OVER NEXT 12 MONTHS SUMMA DEFENCE OYJ - ESTIMATES THAT ITS NET SALES FROM CONTINUING OPERATIONS IN 2026 WILL BE EUR 110-120 MILLION SUMMA DEFENCE OYJ - EBITDA IS EXPECTED TO TURN POSITIVE DURING 2026 Source text: ID:nWkrm1Mgy Further company coverage: SUMMA.HE ((Reuters.Briefs@thomsonreuters.com;))
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