Brief: Speqta Q4 EBITDA Up At SEK 4.1 Mln

BrightBid AB (publ)

27/02/2020 08:06

Feb 27 (Reuters) - Speqta publ AB  SPEQT.ST :
    * YEAR-END REPORT 2019, INTERIM REPORT 4, 2019 - CONTINUED
PROFITABLE GROWTH, NEW FINANCIAL TARGETS AND NEW SEGMENT
    * Q4 REVENUES DURING Q4 INCREASED BY 32% TO KSEK 27,463
(20,757)
    * Q4 EBITDA INCREASED BY 16% TO KSEK 4,136 (3,567) AND
EBITDA-MARGIN WAS 15% (17)
    * GROWTH AND PROFITABILITY: TARGETS ARE TO REACH A TURNOVER
OF SEK
600 MILLION IN 2022, WITH AN EBITDA MARGIN OF AT LEAST 20%,
DRIVEN BY ORGANIC GROWTH (EXCEEDING 20% CAGR) AND ACQUISITION
    * SPEQTA DOES NOT INTEND TO MAKE ANY DIVIDENDS BEFORE 2022
    * GOAL IS TO HAVE A NET DEBT / EBITDA OF 1.5-2.5 X
    * BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING THAT
NO
DIVIDEND FOR 2019 SHOULD BE MADE, GIVEN THAT COMPANY CONTINUES
TO PRIORITIZE GROWTH AND NEW ACQUISITION OPPORTUNITIE

Source text for Eikon:  ID:nWkr5d93Sf 
Further company coverage:  SPEQT.ST 

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