Brief: Valora Effekten Handel Q1 Result Swings To Loss Of EUR 245 Thousand

Valora Effekten Handel AG

09/04/2020 11:12

April 9 (Reuters) - Valora Effekten Handel AG  VEHG.F :
    * Q1 SALES AT EUR 2.8 MILLION (PREVIOUS YEAR: EUR 1.3
MILLION)
    * Q1 QUARTERLY RESULT OF AROUND EUR -245 THOUSAND (PREVIOUS
YEAR:
EUR +27 THOUSAND)
    * FOR 2020 WE ARE PLANNING SALES OF EUR 6-7 MILLION AND WITH
A
BALANCED ANNUAL RESULT BEFORE ANY ADDITION TO THE "FUND FOR
GENERAL BANK RISKS".
    * LIQUIDITY RISKS CANNOT BE IDENTIFIED DUE TO HIGH LEVEL OF
EQUITY
FINANCING FOR 2020 FINANCIAL YEAR

Source text for Eikon:  ID:nEQ5xYwKda 
Further company coverage:  VEHG.F 

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