Turbon to Post Revenue Decline and Big Losses in FY 2019


On April 3, Turbon AG issued an announcement previewing its fiscal 2019 financial results and explaining that it needed to rebook “equity positions” as a result of currency translation differences. The end result is that the firm’s fiscal 2019 looks grim, even worse than the firm’s fiscal 2018 (see “Turbon Turnover Tumbles in FY 2018”).

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