Curasan AG Reports Consolidated Earnings Results for the Third Quarter and Nine Months of 2016; Provides Revenue Guidance for the Year 2016
Despite significantly higher costs due to scheduled increases in expenditures for marketing and sales, the company succeeded in cutting the losses in the third quarter compared to the previous year. The quarterly loss was EUR 0.84 million against EUR 0.87 million a year ago.
Based on the sales already invoiced in the fourth quarter and the expected year-end business, the management board of the company currently assumes gross revenues of EUR 6.7 million to EUR 7.1 million expected for the full year will be fulfilled in the mid- to upper range.