May 7, 2018 / 6:03 AM / 2 months ago

BRIEF-Formycon FY Net Loss Of EUR 1.58 Mln

May 7 (Reuters) - FORMYCON AG:

* INCREASED FY TURNOVER BY A GOOD 48 PERCENT COMPARED TO PREVIOUS YEAR TO EURO 29.00 MILLION (2016: 19.53 MILLION)

* FY EBITDA IMPROVED SIGNIFICANTLY COMPARED TO LAST YEAR TO EURO -0.75 MILLION (2016: EURO -3.37 MILLION)

* NET LOSS FOR YEAR WAS EURO -1.58 MILLION (2016: EURO -4.07 MILLION)

* OUTLOOK 2018: ANTICIPATES A VOLUME OF SALES THAT SHOULD BE AROUND SAME LEVEL AS LAST YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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