Balyo S.A. announced sales results for the fourth quarter and full year of 2017. For the quarter, sales revenue was EUR 6.4 million against EUR 2.2 million a year ago.

For the full year, sales revenue was EUR 16.4 million against EUR 5.2 million a year ago.

For the year 2018, the company reconfirms its profitability objective of reaching close to break-even in 2018.

For the year 2022, the company expects sales of EUR 200 million.