Brief: Theraclion H1 EBIT Loss Narrows To 2.2 Million Euros

Theraclion SA

16/09/2019 17:43

Sept 16 (Reuters) - THERACLION SA  ALTHER.PA :
    * THERACLION: HALF YEAR RESULTS 2019
    * H1 REVENUES INCREASED BY 52%
    * H1 NET LOSS REDUCED BY 54%
    * H1 OPERATING COSTS REDUCED BY 30%
    * H1 TOTAL REVENUES EUR 1.3 MILLION
    * H1 NET LOSS EUR 1.7 MILLION
    * H1 EBIT LOSS EUR 2.2 MILLION VERSUS LOSS EUR 4.2 MILLION
YEAR
AGO
    * CONFIRMS ITS OBJECTIVE OF ACCELERATING ITS GROWTH MOMENTUM
IN
SECOND HALF OF 2019, WITH EXPECTED SALES GROWTH BETWEEN 30% AND
50% OVERALL OVER 2019.
    * AT JUNE 30, 2019, THERACLION'S AVAILABLE CASH POSITION
AMOUNTED
TO EUR 3.1 MILLION

Source text for Eikon:  ID:nBw3wnBBka 
Further company coverage:  ALTHER.PA 

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