Brief: Audiovalley FY Revenue Up At 24.6 Million Euros
18/02/2019 16:40
Feb 18 (Reuters) - AUDIOVALLEY SA ALAVY.PA :
* FY REVENUE EUR 24.6 MILLION VERSUS EUR 20.0 MILLION
(PROFORMA)
YEAR AGO
* BEYOND 2019, CONFIRMS ALL THE GOALS PRESENTED AT THE TIME
OF THE
IPO
* AIMS FOR 2019 REVENUE GROWTH ABOVE 35%
* SAYS UNABLE TO MEET ITS MATURITIES OVER NEXT 12 MONTHS
WITH MAX
FINANCING REQUIREMENT OF ABOUT EUR 5.5 MILLION OVER THIS PERIOD
* LIQUIDITY RISK EXPECTED IN Q4 2019 ADJUSTED TO AUGUST
* BY AUGUST 2019, CASH FLOW REQUIREMENTS SHOULD BE AROUND
EUR
520,000
Source text: https://bit.ly/2tp8CW4
Further company coverage: ALAVY.PA
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))
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