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    SPINN   FI4000507595

SPINNOVA OYJ

(SPINN)
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Delayed Nasdaq Helsinki  -  05/18 05:07:55 am EDT
8.170 EUR   +5.76%
05/13SPINNOVA PLC : Managers' Transactions
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05/11SPINNOVA PLC : Decisions of the Constitutive Meeting of the Board of Directors
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Spinnova Oyj : HALF-YEAR REPORTING AND WEBCAST ON 16 SEPTEMBER, 2021

09/01/2021 | 06:18am EDT

Spinnova Group publishes its half-year report for 1 January to 30 June, 2021 on Thursday, 16 September 2021 at 8.45 a.m. EET. The report and presentation material will be available on the company's investor website at spinnovagroup.com after publishing.

Spinnova also arranges a half-year webcast event, where Spinnova's CEO and co-founder Janne Poranen and CFO Ben Selby will comment on the company's January-June events and financial performance from the Jyväskylä headquarters. In addition, there will be remote guest speakers from Spinnova's joint venture partner Suzano.

There will be two separate webcasts, one in English and one in Finnish. A recording of both events will be available on the investor website shortly after. Both events are open to all investors and media representatives.

Finnish speaking event: Thursday, 16 September at 12 noon EET
English speaking event: Thursday, 16 September at 1.15 pm EET

For webcast registration please visit: 
https://spinnova.videosync.fi/2013-02-01-spinnovainterimreport


 

Ben Selby
Chief Financial Officer
Spinnova
ben.selby@spinnova.com
+358 50 305 8077

More information

Emmi Berlin
Head of Communications
Spinnova
emmi.berlin@spinnova.com
+358 400 903 260

Spinnova - Sustainable textile materials, naturally

Spinnova transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or food waste, without harmful chemicals.  The patented SPINNOVA® fibre creates zero waste and side streams or microplastics, and its CO2 emissions and water use are minimal. SPINNOVA® materials are quickly biodegradable and circular. Spinnova is committed to using only sustainable raw materials such as FSC certified wood and waste streams.

Spinnova has been awarded e.g. by the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, Monocle and Marie Claire UK.Spinnova's shares (SPINN) are listed on the Nasdaq Helsinki First North Growth Market.

SPINNOVA® home: www.spinnova.com
Group & IR site: www.spinnovagroup.com

https://news.cision.com/spinnova/r/spinnova-s-half-year-reporting-and-webcast-on-16-september--2021,c3408081

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2022 26,0 M 27,4 M 27,4 M
Net income 2022 -4,96 M -5,22 M -5,22 M
Net cash 2022 54,8 M 57,8 M 57,8 M
P/E ratio 2022 -77,3x
Yield 2022 -
Capitalization 396 M 417 M 417 M
EV / Sales 2022 13,1x
EV / Sales 2023 3,71x
Nbr of Employees 58
Free-Float 63,6%
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Mean consensus HOLD
Number of Analysts 1
Last Close Price 7,73 €
Average target price 10,00 €
Spread / Average Target 29,4%
EPS Revisions
Managers and Directors
Janne Tapani Poranen Chief Executive Officer & Director
Ben Selby Chief Financial Officer
Timo Juhani Soininen Chairman
Juha Matti Salmela Director & Chief Technology Officer
Petri Poranen Chief Operating Officer
Sector and Competitors