Brief: LVenture Group FY Net Loss Shrinks To EUR 1.6 Mln

Zest SpA

13/03/2018 07:50

March 13 (Reuters) - LVENTURE GROUP SPA  LVEN.MI : 
    * REPORTED ON MONDAY FY REVENUE AND OTHER INCOME EUR 2.4 MLN
VS
EUR 1.7 MLN YEAR AGO
    * FY NET LOSS EUR 1.6 MLN VS LOSS EUR 1.9 MLN YEAR AGO
    * TARGETS ORGANIC GROWTH IN REVENUE TO EUR 5.5 MLN IN 2021
    * TARGETS BREAK EVEN IN OPERATING RESULT AS OF 2020
    * TARGETS POSITIVE NET PROFIT AS OF 2019
    * TARGETS "SIGNIFICANT" CASH-IN FROM ITS PORTFOLIO STARTING
FROM
2019-2020
    * PLANS IN 2018 TO EXECUTE CAPITAL INCREASE OF EUR 2.4 MLN
    * TARGETS DIVIDEND PAYOUT OF 50 PCT ONCE IT STARTS
GENERATING
PROFITS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAc2pnC0
    
 Further company coverage:  LVEN.MI  
   


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