March 20, 2018 / 6:12 PM / 3 months ago

BRIEF-Crossject FY Operating Loss Widens To 8.6 Million Euros

March 20 (Reuters) - CROSSJECT SA:

* FY NET LOSS EUR 7.6 ‍​MILLION VERSUS LOSS EUR 6.7 MILLION YEAR AGO

* FY OPERATING LOSS EUR 8.6‍​ MILLION VERSUS LOSS OF EUR 7.3 MILLION YEAR AGO

* END 2017 CASH OF EUR 2.8 MLN‍​

* IN 2018, CO WILL HAVE ADDITIONAL CASH AT EUR 8 MILLION AND REIMBURSABLE STATE AID AT EUR 0.5 MLN‍​

* THE ADDITIONAL SOURCES OF CASH FLOW WILL ALLOW‍​ CO TO CONTINUE DEVELOPMENT IN 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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