€6.88 -0.1 -1.3%
Last Trade - 16/04/21
Market Cap | £212.8m |
Enterprise Value | £210.9m |
Revenue | £67.9m |
Position in Universe | 697th / 1831 |
Dec 11 (Reuters) - Oyj BITTI.HE : * THE FINNISH DEFENCE FORCES AUTHORIZED TO SIGN AN AGREEMENT WITH BITTIUM CORPORATION'S SUBSIDIARY BITTIUM WIRELESS LTD ON PURCHASING THE BITTIUM TOUGH SDR TACTICAL RADIOS * VALUE OF PURCHASE AGREEMENT CURRENTLY UNDER NEGOTIATIONS IS AT MAXIMUM APPROXIMATELY EUR 13 MILLION * PURCHASE AGREEMENT DOES NOT CHANGE BITTIUM CORPORATION'S FINANCIAL OUTLOOK FOR YEAR 2018 * PURCHASE AGREEMENT WILL INCLUDE TERMS FOR OPTIONAL ADDITIONAL PURCHASE * DELIVERY WILL BE COMPLETED AT LATEST BY END OF YEAR 2020 * IF PURCHASE AMOUNTS WOULD REALIZE IN FULL, TOTAL VALUE OF PURCHASE WOULD BE EUR 257 MILLION AT MAXIMUM * FINNISH DEFENCE FORCES AIM AT MAKING THESE ADDITIONAL PURCHASES DURING NEXT TEN YEARS Source text for Eikon: ID:nWkr3KShqm Further company coverage: BITTI.HE (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))