Half Year Financial Report

Seluxit’s half year report shows a result, as expected, strongly influenced by the IPO process. The expectations for the entire financial year 2018/2019 are maintained.

CEO Daniel Lux, Seluxit:

“During the first half of the financial year 2018/2019, a significant focus has been on IPO. It has been an incredibly exciting and educative process, which of course has required a considerable allocation of resources, but it has also made Seluxit ready for growth. The listing has furthermore contributed to raising awareness of Seluxit in the market, and we have seen strong growth in inquiries from potential customers, primarily Danish companies.

After the closing of the half year results, we have continued to follow out plan and have received 2 large orders for the Smart Meter segment, respectively. DKK 4-5 million and DKK 1.5 million, which have been communicated in Company Announcements 4 and 5.

We maintain the revenue and profit expectations for the entire financial year 2018/19, as stated in the Company Description (”Virksomhedsbeskrivelse”) published on the 18th of October 2018.”

Read the press release here.

Written by Mille Lux