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EAM — Eam Solar AS News Story

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Brief: EAM Solar swings to Q4 net loss of 58.9 million euros

Feb 24 (Reuters) - EAM Solar ASA  EAM.OL : 
    * Reported on Tuesday Q4 revenue of 9.8 million euros versus 3.0 million euros year ago 
    * Q4 EBITDA loss of 24.3 million euros versus loss of 0.2 million euros year ago 
    * Q4 net loss of 58.9 million euros versus profit of 1.2 million euros year ago 
    * Has conducted write-down of assets and receivables and recognition of contingent 
liabilities of a total 69.7 million euros due to GSE decision in Q4 
    * No dividend payment was made in Q4, and dividend decision made on the Dec. 14, 2015 has 
been annulled 
 
 Source text: http://bit.ly/21pLO2b 
     
 Further company coverage:  EAM.OL   
    
 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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