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CBM - Cambrex News Story

$59.99 0.0  0.0%

Last Trade - 03/12/19

Sector
Healthcare
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £477.3m
Position in Universe th / 6369

BRIEF-Cambrex Q4 sales $156.9 mln

Tue 9th February, 2016 12:00pm
Feb 9 (Reuters) - Cambrex Corp  CBM.N : 
 * Reports fourth quarter and full year 2015 financial results 
 * Says Q4 sales increased 22%, and 25% excluding the impact of foreign 
   currency, to $156.9 million from $128.8 million 
 * Says fourth quarter adjusted EBITDA increased 52% to $52.4 million compared 
   to $34.4 million in the same period last year 
 * Sees FY 2016 gross sales to increase 8% to 12% from continuing operations 
 * Says 2016 EBITDA is expected to be between $142 and $148 million, a 10% to 
   15% increase over 2015 
 * We remain on track to bring new large scale capacity on line at charles city, 
   Iowa facility by end of the first quarter of this year" 
 * Source text for Eikon  urn:newsml:reuters.com:*:nGNXMMGQGa 
 * Further company coverage  CBM.N   
 
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