September 30, 2016 / 5:46 AM / 10 months ago

BRIEF-Geneuro H1 net loss widens to 6.8 million euros

1 Min Read

Sept 30 (Reuters) - Geneuro SA :

* Reported on Thursday H1 operating loss of 6.8 million euros ($7.63 million) versus loss of 1.6 million euros year ago

* H1 net loss of 6.8 million euros versus 1.7 million euros year ago

* Geneuro is executing its business strategy on track as presented in its IPO

* Expects full recruitment of CHANGE-MS in Q1 2017 on or ahead of schedule and to announce results in Q4 2017 as planned

* Geneuro projects cash utilization (excluding IPO-related costs) to be roughly 17 million euros for 2016, of which approximately 7 million euros in the second half of 2016

Source text for Eikon:

Further company coverage:

$1 = 0.8915 euros Gdynia Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below