Brief: Columbus FY EBITDA up at DKK 138.5 million

Columbus A/S

16/03/2017 08:01

March 16 (Reuters) - Columbus A/S  COLUM.CO : 
    * FY net revenue 1.19 billion Danish crowns ($171.69 million) versus 1.12 billion crowns 
year ago 
    * FY EBITDA 138.5 million crowns versus 103.9 million crowns year ago 
    * Proposes dividend of 0.125 crown per share 
    * Target for 2017: revenue in level of 1.35 billion crowns 
    * Targets for 2017: EBITDA before share-based payment in level of 150 million crowns, 
service EBITDA of 140 million crowns 
    * Target for 2017: 10 pct dividend on nominal share capital 
    * Long-term target for 2019: keeps long-term revenue growth at compounded average growth of 
10 pct each year 
    * Long-term target for 2019: Adjusts long term EBITDA margin from 10 pct to 11 pct EBITDA 
margin each year 
    * Long-term target for 2019: dividend policy is to pay out 10 pct dividend of nominal value 
each year 
    * Long-term target for 2019: expects to increase recurring revenue from 25 pct in 2016 to 30 
pct of total revenue in 2019 
 
Source text for Eikon:  ID:nCSE6PqK  
Further company coverage:  COLUM.CO  
 
($1 = 6.9311 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))