Brief: Avangardco Investments Public Q3 net result turns to profit of $1.1 mln

Avangardco Investments Public

30/11/2015 07:01

Nov 30 (Reuters) - Avangardco Investments Public Ltd 
 AVGRq.L : 
    * Q3 net profit of $1.1 million (Q3 2014: net loss of $47.6 
million) 
    * Q3 EBITDA increased by 83 pct yoy to $13.2 million 
    * Q3 consolidated revenue of $55.1 million, a decrease of 43 
pct yoy 
    * Says Q3 net profit was driven by increased operating 
income and lower FX losses 
    * Says as at Sept. 30 net debt amounted to $297.6 million 
(Dec. 31, 2014: $225.9 million) 
 
Source text for Eikon:  ID:nRSd2825Ha  
Further company coverage:  AVGRq.L  
 
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