April 29, 2020 / 5:29 PM / a month ago

BRIEF-Mastrad Expects Increase In Group Revenue In Q4

April 29 (Reuters) - Mastrad SA:

* ANTICIPATES IMPROVEMENT IN RESULTS FOR CURRENT YEAR AND SHARP INCREASE IN TURNOVER AND RESULTS FOR FOLLOWING QUARTERS IF HEALTH SITUATION IMPROVES GRADUALLY

* STRONG INCREASE IN GROUP REVENUE EXPECTED IN FOURTH QUARTER OF FINANCIAL YEAR ENDING JUNE 30, 2020

* CASH POSITION IS TIGHT, BUT PAST CAPITAL INCREASES AND BOND ISSUES, THE CASH FLOW GENERATED ON B-TO-B SALES AND THE EXPECTATION OF A NEW FINANCING LINE GUARANTEED BY THE STATE ENABLE US TO CONTINUE OUR EFFORTS AND OUR RECOVERY Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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