March 13, 2018 / 7:58 AM / 6 months ago

BRIEF-LVenture Group FY Net Loss Shrinks To EUR 1.6 Mln

March 13 (Reuters) - LVENTURE GROUP SPA:

* REPORTED ON MONDAY FY REVENUE AND OTHER INCOME EUR 2.4 MLN VS EUR 1.7 MLN YEAR AGO

* 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

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Further company coverage: (Gdynia Newsroom)

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