Aures Technologies plunged 65% after the company announced that it was experiencing a "very tight cash flow situation" and, with no recovery in sales since the beginning of the year, that it was forecasting further negative half-year results.

It anticipates further losses for the current financial year, even if the decline in sales expected for the full year should be lower than in the first half. This continues to impact inventories, which are still very high, weighing heavily on cash beyond September 1.

At the same time, Aures announces that it is at an advanced stage of discussions with industrial partners able to provide adequate financing and operational synergies, and will 'keep the market informed of the outcome of ongoing discussions'.

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