(CercleFinance.com) – Aures Technologies plummets by 65% after the company announced that it is experiencing a “very tight cash flow situation” and, with a non-recovery in its turnover since the beginning of this year, that it forecasts still negative half-year results.
It anticipates new losses for the current financial year, even if the fall in turnover expected over the financial year should be less than that of the first half. This continues to impact inventories, which are still very high, weighing heavily on cash beyond 1 September.
At the same time, Aures announces that it has engaged in very advanced discussions with industrial partners who can provide adequate financing and operational synergies, and “will keep the market informed of the follow-up to the discussions in progress”.