Brief: Columbus acquires IT services and cloud company in UK

Columbus A/S

01/12/2016 09:23

Dec 1 (Reuters) - Columbus A/S  COLUM.CO : 
    * Acquires IT services and cloud company in the UK 
    * Acquisition is financed by its own available funds 
    * 26.6 million Danish crowns ($3.8 million) is expected to be capitalized as intangible 
assets 
    * Does not expect acquisition to affect announced expectations to 2016 
    * For 2017 isolated, acquisition is expected to contribute with revenue in level of 49.4 
million crowns and EBITDA in level of 3.5 million crowns 
    * 2017 is expected to be negatively affected by integration costs 
 
     
Source text for Eikon:  ID:nCSE6FSs  
     
Further company coverage:  COLUM.CO  
 
($1 = 7.0089 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))