OTI Greentech AG publishes annual report

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).