June 1, 2017 / 11:10 AM / 2 months ago

BRIEF-Aves One Q1 sales up at 12 million euros

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June 1 (Reuters) - AVES ONE AG:

* SIGNIFICANT RISE IN SALES REVENUES IN FIRST THREE MONTHS OF 2017

* Q1 ‍SALES REVENUES EUR 12.0 MILLION (COMPARISON PERIOD IN PREVIOUS YEAR: EUR 6.8 MILLION)​

* ‍EXPECTS SIGNIFICANTLY HIGHER SALES REVENUES FOR CURRENT BUSINESS YEAR 2017 COMPARED TO PREVIOUS YEAR, AND A GREATLY IMPROVED CONSOLIDATED RESULT (BEFORE EXCHANGE RATE EFFECTS)​

* INCREASE IN OPERATING RESULT (EBITDA) CONSIDERABLY FROM EUR -3.9 MILLION IN PREVIOUS YEAR'S THREE MONTHS TO EUR 3.5 MILLION IN FIRST THREE MONTHS OF 2017

* Q1 ‍NET LOSS OF EUR -6.3 MIO., WHICH WHEN ADJUSTED FOR EXCHANGE RATES AMOUNTS TO EUR -4.1 MILLION​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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