Brief: Voltabox Q1 Revenue At EUR 2.8 Mln

Voltatron AG

20/08/2020 15:49

Aug 20 (Reuters) - VOLTABOX AG  VBX.DE :
    * BALANCE SHEET ADJUSTED FOLLOWING EXTRAORDINARY REVALUATION
-
REORGANIZATION SETS FOUNDATION FOR SUSTAINABLE GROWTH FROM 2021
ONWARDS
    * FY ADJUSTED EBIT LOSS -107.6 MILLION EUR
    * FY REVENUE 56.6 MILLION EUR
    * OUTLOOK 2020: REVENUE DECLINE OF 20 % TO MORE THAN 50 %
WITH
NEGATIVE EBITDA ANTICIPATED
    * REVENUE FOR Q1 TOTALED EUR 2.8 MILLION
    * Q1 EBITDA OF EUR -6.2 MILLION, WHICH CORRESPONDS TO A
MARGIN OF
-220.6 %

Source text for Eikon:  ID:nEQ5JdvlSa 
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