Brief: Valoe Says Q4 Net Sales Increased To EUR 0.3 Million Compared To EUR 0.1 Million In 2017

Valoe Oyj

21/02/2019 17:08

Feb 21 (Reuters) - Valoe Oyj  VALOE.HE :
    * VALOE GROUP’S Q4 NET SALES INCREASED TO EUR 0.3 MILLION
(IN
2017: EUR 0.1 MILLION)
    * QTRLY OPERATING LOSS WAS EUR 0.4 MILLION VERSUS LOSS OF
EUR 1.2
MILLION
    * VALOE WILL NOT DISCLOSE FINANCIAL GUIDANCE FOR THE
FINANCIAL
YEAR 2019
    * Q4 LOSS WAS EUR 0.9 MILLION VERSUS LOSS OF EUR 1.8 MILLION
YEAR
OVER YEAR
    * VALOE REQUIRES ABOUT SEVEN MILLION EUROS IN ORDER TO
MATERIALIZE
ITS CURRENT INVESTMENT PLAN
    * VALOE- UNTIL SUFFICIENT FINANCIAL ARRANGEMENT IS SECURED
CO'S
OPERATIONS TO BE AFFECTED BY FINANCIAL RISKS; CO CANNOT BE SURE
IT WILL MEET ITS GOALS

Source text for Eikon:  ID:nGNEbwkwLQ 
Further company coverage:  VALOE.HE 

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