March 28, 2018 / 5:02 PM / in 3 months

BRIEF-Wallix Group Publishes FY Net Loss Of 1.1 Million Euros

March 28 (Reuters) - WALLIX GROUP SA:

* FY NET LOSS EUR 1.1 MILLION VERSUS LOSS EUR 1.7 MILLION YEAR AGO

* TARGETS OVER 50 MILLION EUR IN REVENUE BY 2021

* FY OPERATING LOSS EUR 0.8 MILLION VERSUS LOSS EUR 1.8 MILLION YEAR AGO

* PLANS CAPITAL INCREASE BEFORE SUMMER 2018

* ABOUT 1/3 OF CAPITAL INCREASE TO FINANCE PLAN OF ORGANIC DEVELOPMENT

* REST OF MONEY RAISED IN CAPITAL INCREASE TO BE USED FOR ACQUISITIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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