Brief: Topsil Semiconductor raises 2015 EBITDA outlook, compensation higher than expected
26/08/2015 06:48
Aug 26 (Reuters) - Topsil Semiconductor Materials A/S TPSL.CO :
* Said on Tuesday had concluded an agreement with its third-party contractor regarding
financial compensation as a result of the settlement of the customer complaint
case from 2014
* Said compensation will be higher than expected and is expected to have a favourable impact
on EBITDA of about 4 million Danish crowns in 2015
* For 2015, revenue growth is still expected to be in the range of 0-5 pct, while the
guidance for EBITDA is increased from 10 million - 20 million Norwegian crowns ($1.2
million-$2.4 million) to 14 million - 24 million crowns
Source text for Eikon: ID:nCSE5Yrs
Further company coverage: TPSL.CO
($1 = 8.2424 Norwegian crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))