OTI Greentech AG: OTI Greentech AG publishes annual report
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DGAP-News: OTI Greentech AG
/ Key word(s): Annual Results/Miscellaneous
OTI Greentech AG publishes annual report Berlin, 31 July 2020 - OTI Greentech AG (WKN A2TSL2), an international provider of innovative and sustainable chemicals and services for industrial applications listed on the stock exchange, published the annual report for fiscal year 2019. The final figures were again slightly better than the preliminary figures for the financial year. The audited Group figures show revenue of EUR 4.7 million (2018: EUR 4.2 million) and a significant year-on-year improvement in earnings before interest, taxes, depreciation and amortization (EBITDA) to EUR -0.2 million (2018: EUR 0.4 million). The Company expects EBITDA in 2020 to be slightly positive on the back of revenue of at least EUR 5.5 million. The 2019 annual report can be downloaded from www.oti.ag under Investor Relations (available in German). About OTI Greentech AG OTI Greentech's patented surfactant based technology provides innovative sustainable and cost-efficient solutions for various industrial cleaning challenges, with potential for application in land remediation. Through its subsidiaries OTI Greentech Innovative Solutions and Uniservice Unisafe, OTI Greentech has more than 30 years of experience. OTI Greentech Innovative Solutions offers innovative, environmentally friendly products and solutions for the cleaning and decontamination of oil-based contaminants, and is the owner of the patented ECOSOLUT product line. Through Uniservice Unisafe a full range of products and services are provided to the global shipping industry in all major ports worldwide. Through its joint venture in the USA, the group offers innovative, sustainable and tailor-made solutions to its customers in land-based industrial cleaning. The OTI Greentech group currently has over 20 employees in Europe and the USA. The shares of OTI Greentech AG are listed on the Düsseldorf Stock Exchange (WKN A2TSL2). Corporate headquarters are located in Berlin, Germany. Contact: OTI Greentech AG
31.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | OTI Greentech AG |
| Friedrichstraße 79 | |
| 10117 Berlin | |
| Germany | |
| Phone: | +49 30 887 865 62 |
| Fax: | +49 30 690 884 88 |
| E-mail: | info@oti.ag |
| Internet: | www.oti.ag |
| ISIN: | DE000A2TSL22 |
| WKN: | A2TSL2 |
| Listed: | Regulated Unofficial Market in Dusseldorf |
| EQS News ID: | 1106915 |
| End of News | DGAP News Service |
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1106915 31.07.2020
