Brief: Topsil Q4 EBITDA loss narrows to DKK 0.5 mln

Cemat A/S

31/03/2016 14:10

March 31 (Reuters) - Topsil Semiconductor Materials A/S  TPSL.CO : 
    * Q4 revenue 68.5 million Danish crowns ($10.48 million) versus 67.8 million crowns year ago 
    * Q4 EBITDA loss 0.5 million crowns versus loss 3.8 million crowns year ago 
    * FY revenue up 5 pct to 287.3 million crowns, EBITDA came to 17.6 million crowns  
    * Recommends that no dividend be declared in respect of the 2015 financial year 
    * In 2016 expects to generate revenue in line with 2015 level 
    * In 2016 expects to generate EBITDA before strategy-related costs of 15 million - 25 
million crowns  
    * Strategy measures are expected to impact EBITDA by 65 million crowns, taking EBITDA after 
strategic measures to a loss of 40 million - 50 million crowns  
    * Says is charting course for the next five years 
    * Target is to grow revenue by an average 5 pct p.a during strategy period and to increase 
EBITDA margin from 6 pct in 2015 to 15-20 pct in 2020 
 
Source text for Eikon:  ID:nCSE6fH7  
Further company coverage:  TPSL.CO  
 
($1 = 6.5369 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))