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Technip Energies:Update on FY 2020 Financial Results
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Technip Energies: Update on FY 2020 Financial Results
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Company EBITDA positive as a result of record Publishing Profitability. January-December in short Gross Profit was EUR 14.3 (19.7) million, 52% (57%) of revenue Operating Result (EBIT) improved EUR 4.0 million and was EUR -3.4 (-7.4) million Adjusted Operating Result improved EUR 3.9 million and was EUR -0.1 (-4.0) million EBITDA turned positive and was (EUR) 0.5 (-3.5) million Publishing profitability doubled in proportion to revenue with EBITDA at EUR 6.4 (3.8) million, 24% (11%) of revenue Research and Development expenses were EUR -5.6 (-6.6) million, 21% (19%) of revenue The company had 104 (107) employees at the end of 2020 July-December in short Gross profit was EUR 6.7 (8.4) million, 52% (54%) of revenue Operating Result (EBIT) was EUR -1.7 (-3.9) million
German Microlauncher start-up Rocket Factory announces unrivalled low price of EUR 3 million per rocket launch Serial production enables cost leadership / Financing round to raise EUR 25 million
February 12, 2021 14:35 ET | Source: Rocket Factory Augsburg AG Rocket Factory Augsburg AG Augsburg, GERMANY
BREMEN, Germany and AUGSBURG, Germany, Feb. 12, 2021 (GLOBE NEWSWIRE) At the Capital Market Day of space technology group OHB SE (Prime Standard, ISIN DE0005936124), Augsburg-based start-up Rocket Factory announced that it will boost the growth of the microlauncher company with a financing round. The current shareholders of Rocket Factory are OHB SE, Apollo Capital Partners, other founders as well as the company s management, the employees and private investors. The aim of the financing round is to raise EUR 25 million in fresh capital.
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