Flexible Electronics News

Midsummer Presents Interim Report for 1Q 2019

Company has focused on developing a new offering to its machine customers, with more favorable payment terms.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Midsummer presented its interim report for the first quarter of 2019. For the first three months of the year, Midsummer reported net sales of SEK 18.68 million $1.9 million; €1.73 million) and an operating loss of SEK 4.94 million [$513,000; €456,000]. During the first quarter of 2019, the company has focused on developing a new offering to its machine customers, with more favorable payment terms, financed by the green bond issued in April 2019.   Midsummer’s revenues for the first three months ...

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