Business
AVT: Net loss widened to €7.0m on falling sales, but new products and a strong cash position support recovery
AVT: Net loss widened to €7.0m on falling sales, but new products and a strong cash position support recovery
About this update from Avenir Telecom Sa
Avenir Telecom posted a €7.0m net loss on €14.1m revenue, impacted by client loss and market contraction, but maintains strong liquidity and expects growth to resume in FY 2024-2025 with new product launches and an extended Energizer license.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.