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TQT - Technomeca Aerospace SA News Story

€0.93 0.0  0.0%

Last Trade - 29/10/18

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £5.41m
Position in Universe th / 725

BRIEF-Tecnoquark Presents New Investment Plan

Mon 18th November, 2019 7:08am
Nov 18 (Reuters) - Tecnoquark Trust SA  TQT.MC :
    * PRESENTED ON FRIDAY NEW INVESTMENT PLAN
    * TO PROPOSE NAME CHANGE TO TECHNOMECA AEROSPACE SA
    * TO FOCUS ON TURNKEY PROJECTS, R&D FOR DEFENCE SECTOR,
DESIGN AND
PRODUCTION FOR OIL AND GAS SECTOR
    * CRESCENT HILL CAPITAL CORPORATION, WHICH CONTROLS
TECNOQUARK, TO
PROPOSE A CAPITAL INCREASE OF AT LEAST 3 MILLION EUROS TO
PROVIDE WORKING CAPITAL TO IMPLEMENT THE CHANGES IN TECNOQUARK
    * SEES FY 2019 TURNOVER AT 2.7 MILLION EUROS, EBITDA IN
NEGATIVE
TERRITORY OF 75,000 EUROS
    * SEES FY 2020 TURNOVER 3.5 MILLION EUROS, EBITDA OF 0.8
MILLION
EUROS
    * SEES FY 2021 TURNOVER AT 5.0 MILLION EUROS, EBITDA AT 1.2
MILLION EUROS

    
 Source text: https://bit.ly/33VGp9T
    
 Further company coverage:  TQT.MC  
   


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