Brief: Bell Food Group Q1 EBITDA Up 22.7 Pct At CHF 61.6 Million

Bell Food AG

25/05/2018 05:43

May 25 (Reuters) - Bell Food Group AG  BELL.S :
    * BELL FOOD GROUP - ANNOUNCES FINAL TERMS OF THE PLANNED
CAPITAL
INCREASE WITH SUBSCRIPTION RIGHTS
    * BELL FOOD GROUP - EXPECTED GROSS PROCEEDS FROM THE CAPITAL
INCREASE AMOUNT TO APPROXIMATELY CHF 612.6MILLION
    * BELL FOOD GROUP -  2.29 MILLION NEW REGISTERED SHARES WILL
BE
OFFERED TO EXISTING SHAREHOLDERS AT OFFER PRICE OF CHF 268.00 
PER SHARE
    * Q1 NET REVENUE INCREASED BY 20.9% TO CHF 993.7 MILLION
    * Q1 EBITDA INCREASED BY 22.7% TO CHF 61.6 MILLION
    * BELL FOOD GROUP -  WE EXPECT TO ACQUIRE THE REMAINING
MINORITY
SHARES IN HÜGLI DURING THE COURSE OF 2018
    * BELL FOOD GROUP -  TARGETING A NET DEBT TO EBITDA RATIO OF
2.5X

Source text for Eikon:  ID:nNDL4LYTgl 
Further company coverage:  BELL.S 

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