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Evolva Holding SA (EVE.S)

EVE.S on Swiss Exchange

0.39CHF
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Evolva announces major restructuring for next phase of its development‍​
Wednesday, 30 Aug 2017 01:12am EDT 

Aug 30 (Reuters) - EVOLVA HOLDING SA ::EVOLVA ANNOUNCES MAJOR RESTRUCTURING FOR NEXT PHASE OF ITS DEVELOPMENT‍​.TO UNDERTAKE MAJOR SITE CONSOLIDATION OVER COMING MONTHS, CENTRALIZING RESEARCH AND DEVELOPMENT ACTIVITIES PREDOMINANTLY AT REINACH HEADQUARTERS IN SWITZERLAND.AS A CONSEQUENCE, EVOLVA IS CHANGING ITS MANAGEMENT STRUCTURE..ANNOUNCES THE SECOND PHASE WITH THE DEPARTURE OF 3 MEMBERS OF THE GROUP MANAGEMENT TEAM (GMT)..CHIEF BUSINESS OFFICER PASCAL LONGCHAMP, CHIEF SCIENTIFIC OFFICER JØRGEN HANSEN, MANAGING DIRECTOR & CEO OF EVOLVA INDIA TO STEP DOWN.PASCAL LONGCHAMP, JØRGEN HANSEN AND MANAGING DIRECTOR & CEO OF EVOLVA INDIA PANCHAPAGESA MURALI TO STEP DOWN BY OR BEFORE END OF YEAR.EVOLVA WILL REDUCE ITS OVERALL HEADCOUNT FROM CURRENTLY 178 (FTES) TO APPROXIMATELY 100.ANTICIPATES THAT ANNUAL OPERATING EXPENSES RUN RATE TO DECREASE BY APPROX 30% OR ROUGHLY CHF 11 MILLION DEVELOPING FULL EFFECT IN Q2 2018.CEO WILL LEAD RESEARCH AND DEVELOPMENT ON AN INTERIM BASIS DURING THE SEARCH FOR A CHIEF TECHNOLOGY OFFICER,.EVOLVA WILL TAKE A ONE-TIME CHARGE IN 2017 AGAINST ITS PROFIT AND LOSS STATEMENT OF AROUND CHF 5 MILLION.ESTIMATES CAPITAL EXPENDITURES FOR CENTRALIZATION OF ITS LABORATORIES AND SMALL-SCALE FERMENTATION EQUIPMENT TO EQUAL AROUND CHF 1 MILLION.GUIDANCE ON PRODUCT REVENUES, WHICH WE ESTIMATE WILL MORE THAN TRIPLE IN 2017 OVER 2016, TO NOT BE AFFECTED BY RESTRUCTURING.  Full Article

Evolva Holding H1 net loss widens to CHF 20.3 million
Monday, 14 Aug 2017 01:10am EDT 

Aug 14 (Reuters) - EVOLVA HOLDING SA ::H1 PRODUCT SALES UP STRONGLY AND NOW ACCOUNTING FOR 25% OF TOTAL REVENUES (1H 2016: 11%), OVERALL REVENUES COMPARABLE WITH LAST YEAR​.CASH POSITION OF CHF 33.8 MILLION ON 30 JUNE 2017 (31 DECEMBER 2016: CHF 47.5M) ‍​.FY OUTLOOK: WE EXPECT TO CONTINUE EXPANDING OUR CUSTOMER PIPELINE‍​.H1 NET RESULT -20.3 MILLION CHF VERSUS -18.8 MILLION CHF YEAR AGO.EXPECTS REVENUES FROM RESEARCH AND DEVELOPMENT IN THE SECOND HALF TO BE SLIGHTLY BELOW THE LEVEL OF THE FIRST HALF.‍​.  Full Article

Evolva Holding announces departure of CEO Neil Goldsmith
Thursday, 6 Jul 2017 04:15pm EDT 

July 6 (Reuters) - Evolva Holding Sa :Announces departure of CEO Neil Goldsmith.Says Goldsmith to be succeeded by current Chief Operating Officer Simon Waddington.  Full Article

Evolva Holding: Scott Fabro to join Evolva as chief commercial officer
Monday, 12 Jun 2017 01:01am EDT 

June 12 (Reuters) - Evolva Holding SA ::SCOTT FABRO TO JOIN EVOLVA AS CHIEF COMMERCIAL OFFICER .SCOTT FABRO WILL JOIN EVOLVA EARLY JULY AND SHORTLY THEREAFTER TAKE OVER AS CHIEF COMMERCIAL OFFICER, SUCCEEDING LUC GRUNER.  Full Article

Evolva in contract negotiations with US government regarding Zika
Thursday, 1 Jun 2017 01:01am EDT 

June 1 (Reuters) - EVOLVA ::Evolva in contract negotiations with the US government for funding to advance nootkatone against Zika.No further details can be provided at this time.  Full Article

Evolva signs two new distributor agreements in Europe for Veri-Te
Wednesday, 3 May 2017 12:02pm EDT 

May 3 (Reuters) - Evolva Holding Sa :Signs two new Distributor Agreements in Europe for Veri-te .  Full Article

Evolva proposes Gerard Hoetmer to succeed Tom Mckillop as Evolva Chairman
Thursday, 20 Apr 2017 01:10am EDT 

April 20 (Reuters) - Evolva Holding SA ::Gerard Hoetmer, formerly at unilever and corbion, proposed to succeed Tom Mckillop as Evolva Chairman.  Full Article

Evolva Holding announces long-term commercial agreement with Cargill
Monday, 3 Apr 2017 01:05am EDT 

Evolva Holding SA : Announces long-term commercial agreement with Cargill .Has entered a major collaboration agreement with Cargill for the production and commercialisation of stevia sweetener Eversweet.  Full Article

Evolva Holding FY net loss widens to CHF 35.8 million
Thursday, 30 Mar 2017 01:01am EDT 

Evolva Holding SA : FY revenues of 9.6 million Swiss francs ($9.63 million) (2015: 13.4 million francs) . FY net loss 35.8 million francs versus loss 31.8 million francs a year ago . Cash position of 47.5 million Swiss francs on Dec. 31, 2016 . Agreement with Cargill on the Stevia Project expected to be announced next week . Expects 2017 revenues from research and development in the range of the achievements in 2015 and 2016 .Expect to enter 2-3 partnerships for new products and/or for new research and development programmes in 2017.  Full Article

Evolva Holding teams up with FCI to expand nootkatone and valencene in Europe
Thursday, 16 Mar 2017 02:06am EDT 

Evolva Holding SA :Teams up with FCI to expand nootkatone and valencene sales & marketing in Europe.  Full Article

BRIEF-Evolva announces pricing of private placement to Pictet and Cologny

* ANNOUNCES PRICING OF THE PRIVATE PLACEMENT TO PICTET ASSET MANAGEMENT AND COLOGNY ADVISORS LLP