Curasan AG announced sales results for the fourth quarter and year of 2016. Adjusted gross sales revenues for the fourth quarter was EUR 2.11 million, corresponding to an increase of 37.0% over the previous year against EUR 1.54 million a year ago.

Adjusted gross sales revenues for the full year rose by 16.3% to EUR 6.94 million against EUR 5.97 million a year ago.

Based on preliminary figures, gross sales revenues for 2016 are thus precisely in the middle of the expected range of EUR 6.7 million to EUR 7.1 million. Based on current information, the company expects that net result will at best be at the lower end of the previously announced range of negative EUR 1.8 to EUR negative 2.2 million. However, the current pace at which company is growing will already have a positive effect on result in 2017.

For fiscal year 2017, the management board of the company expects sustained dynamic business performance. Based on the internal budget planning process and the expectations of external sales partners, the company thus anticipates gross sales revenues between EUR 8.5 million to EUR 8.8 million.