Brief: 11880 Solutions FY EBITDA loss widens to 2.7 million euros
23/03/2017 07:00
March 23 (Reuters) - 11880 Solutions AG TGTG.DE :
* Publishes 2016 financial results: EBITDA still depressed by company restructuring -
positive trend in operating business
* Generated revenue of 44.7 million euros ($48.26 million) (FY 2015: 53.5 million euros) and
EBITDA of -2.7 million euros (FY 2015: -0.3 million euros) in 2016
* Expects revenue of between 37.2 million and 43.2 million euros in financial year 2017
Source text for Eikon: ID:nEQ7fvjTJ
Further company coverage: TGTG.DE
($1 = 0.9262 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))