Brief: Balta Group Q3 Adjusted EBITDA Down At 17.1 Million Euros
Nov 7 (Reuters) - BALTA GROUP NV BALTA.BR :
* Q3 CONSOLIDATED: REVENUE OF €151.0M -4.4%, ADJUSTED EBITDA
OF
€17.1M -9.9%
* Q3 EBITDA MARGIN 11.3% VERSUS. 12.0% FOR Q3 2017
* LEVERAGE AT Q3 OF 3.9X (NET DEBT OF €276.9M) COMPARED TO
3.8X AS
AT Q2 2018
* WELL ON TRACK IN EXECUTING PRIORITIES OUTLINED EARLIER IN
THE
YEAR
* SEARCH FOR A NEW CEO IS ONGOING
Source text: https://bit.ly/2AP44Ng
Further company coverage: BALTA.BR
(Gdynia Newsroom)
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