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Toxotis expects improvement in final results 2014

We wish to inform you that, pursuant to the CSE and SEC Regulations and in order to fully inform the shareholders and the investing public in general, the results of the Group for the year ending December 31, 2014 show substantial deviation from the audited results of 2013, namely the losses are expected to be significantly lower than those of 2013.

This differentiation is mostly attributable to the fact that the small losses for 2014 are basically administrative expenses in contrast to the significantly higher losses of 2013, mostly due to the reduction in the value of the Group’s investment portfolio, which has been sold significantly since then.
Wednesday, 17 December, 2014 - 13:07