Brief: Vogo H1 Net Loss Widens To EUR 1.8 Mln, Says It Is Well Prepared To Come Out Of Crisis Period

Vogo SA

29/09/2020 07:00

Sept 29 (Reuters) - VOGO SA  ALVGO.PA :
    * H1 NET LOSS GROUP SHARE EUR 1.8 MILLION VERSUS LOSS OF EUR
1.0
MILLION YEAR AGO
    * AT 30 JUNE 2020 EQUITY AMOUNTED EUR 5.9 MILLION AND CASH
EUR 6.9
MILLION
    * H1 EBITDA LOSS EUR 1.6 MILLION VERSUS LOSS OF EUR 0.8
MILLION
YEAR AGO
    * SAYS IS PERFECTLY ARMED TO EMERGE FROM CRISIS AND MOVE
FORWARD
IN IMPLEMENTATION OF ITS STRATEGY
    * SINCE GRADUAL LIFTING OF CONTAINMENT MEASURES, HAS SEEN A
GRADUAL IMPROVEMENT IN ITS BUSINESS DESPITE UNCERTAINTY AS TO
HOW SITUATION WILL DEVELOP OVER COMING MONTHS
    * SHOULD RECEIVE FIRST ROYALTIES LINKED TO COMMERCIAL
DEPLOYMENT
OF EASYCOV, SALIVA BREAKTHROUGH TEST FOR SARSCOV-2 SCREENING,
FROM H2
    * RESISTANCE OF ACTIVITY IN SPORT, CHANGE OF DIMENSION WITH
INTEGRATION OF VOKKERO

Source text : https://bit.ly/3cDDqbi
Further company coverage:  ALVGO.PA 

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