Brief: Cementir Holding Q1 Pre-Tax Profit Turns Positive At EUR 7.2 Mln

Cementir Holding NV

10/05/2018 13:03

May 10 (Reuters) - Cementir Holding SpA  CEMI.MI :
    * Q1 PRE-TAX PROFIT EUR 7.2 MILLION VERSUS LOSS EUR 6.2 MILLION YEAR AGO
    * Q1 REVENUE EUR 242.3 MILLION VERSUS EUR 279.9 MILLION YEAR AGO
    * SAYS APPROVES INDUSTRIAL PLAN FOR 2018-2020
    * SAYS SEES REVENUE OF EUR 1.34 BILLION IN 2020
    * TARGETS EBITDA OF AROUND 270 MILLION EUROS IN 2020
    * TARGETS NET FINANCIAL DEBT AT ABOUT 50 MILLION EUROS AT THE END OF 2020
    * SEES 2018 SALES AT EUR 1.25 BILLION
    * SEES 2018 ADJUSTED EBITDA AT EUR 235 MILLION
    * SEES 2018 NET FINANCIAL DEBT (PERIOD-END) AT EUR 260 MILLION

Source text for Eikon:  ID:nBIA6TYzyy 
Further company coverage:  CEMI.MI 

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