July 9 (Reuters) - Kalray SA:
* H1 2020 ACTIVITY: DEPLOYMENT OF COOLIDGE AS PER OBJECTIVES
* NET CASH AVAILABLE OF EUR 19 MILLION AT END OF JUNE 2020
* CONFIRMATION OF CONTROLLED IMPACT OF COVID-19 ON ACTIVITY OF SEMESTER AS WELL AS ON COMPANY’S NEW OBJECTIVES
* IN H1 2020, KALRAY GENERATED EUR 489K IN NET SALES (COMPARED TO EUR 455K IN H1 2019)
* AMBITION TO REACH BREAK-EVEN IN MONTHLY EBITDA MID-2021 AND ANNUAL TURNOVER OF EUR 100 MILLION BETWEEN MID-2022 AND MID-2023
* DUE TO DELAYS, ANTICIPATES TURNOVER COMPARABLE TO 2019 IN 2020 AND SIGNIFICANT INCREASE EXPECTED FROM 2021 WITH VOLUME SALES OF COOLIDGE™ BASED PRODUCTS Source text for Eikon: Further company coverage: (Gdansk Newsroom)
Our Standards: The Thomson Reuters Trust Principles.