OTI Greentech AG
OTI Greentech AG concretizes preliminary figures 2020
OTI Greentech AG / Key word(s): Preliminary Results Publication of an insider information according to Article 17 MAR OTI Greentech AG concretizes preliminary figures 2020 According to the updated preliminary numbers, OTI Greentech has generated a positive cash flow of EUR 132,000 in 2020. This corresponds to an improvement versus prior year by around EUR 0.3 million. The drivers of this positive development were a decline in costs on a group level by -14 percent versus prior year and a reduction of the personnel expenses by -12 percent. The annual report of OTI Greentech AG will probably be published on July 29, 2021 according to the current planning and will then be available under www.oti.ag in the Investor Relations section. Information and Explanation of the Issuer to this News: 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 by OTI Greentech 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 edicto GmbH
17-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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: | 1209352 |
End of Announcement | DGAP News Service |