OXE Marine AB (publ) Interim report 1 January to 31 March 2020
First quarter of 2020 ·Net turnover of SEK 10.3 m (SEK 3.6 m) ·Operating Loss/EBIT of SEK -17.6 m (SEK -27.2 m) ·Net loss for the period of SEK -19.6 m (SEK -33.1 m) ·Cashflow for the period SEK 13.5 m (SEK 9.2 m) ·Earnings per share amounted to SEK -0.12 (SEK -1.12) Significant events in the First quarter ·The company name changed from Cimco Marine AB (publ) to OXE Marine AB (publ) ·The company announced its vision, mission and core values. ·Directed issue of in total 14 726 154 warrants to the European Investment Bank (“EIB”).