2017 guidance dropped after timing issues; RTO transaction in progress

EBIOSS has reported half-year revenues that contracted 42% to €1.77m as strategic measures had been taken by the company that delayed the invoicing and consolidation of many projects which are either under negotiation or in advanced stages of development. The decrease in revenues also generated a decrease in cost of goods sold (COGS), which have been under control as they contracted by 47.4% to €1.96m. However, an increase of +11.97% in employee benefits, added to a +48% yoy increase in dep...