Brief: Cyan FY EBITDA At 3.4 Million Euros

Cyan AG

01/07/2019 09:11

July 1 (Reuters) - CYAN AG  CYR.DE :
    * PUBLISHES AUDITED IFRS CONSOLIDATED FINANCIAL STATEMENTS
2018
    * ANNUAL FINANCIAL STATEMENTS ONLY INCLUDE FIVE MONTHS OF
REVENUES
FROM I-NEW AG, WHICH WAS ACQUIRED IN JULY 2018
    * TOTAL REVENUES AMOUNTED TO EUR 20.0 MILLION, EBITDA
REACHED EUR
3.4 MILLION IN 2018
    * NO COMPARABLE FIGURES FOR PREVIOUS YEAR
    * CONFIRMS ITS GUIDANCE FOR 2019 AND CONTINUES TO TARGET
REVENUE
GROWTH TO EUR 35 MILLION AND EBITDA OF EUR 20 MILLION
    * CURRENTLY IN ADVANCED NEGOTIATIONS WITH MNOS AND MVNOS AND
SHOULD BE ABLE TO ANNOUNCE FURTHER CONTRACTS VERY SOON

Source text for Eikon:  ID:nEQ6b4FDSa 
Further company coverage:  CYR.DE 

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