Brief: Edisun Power Europe FY EBITDA Rises 47% To CHF 10.22 Mln

Edisun Power Europe AG

10/04/2019 17:18

April 10 (Reuters) - Edisun Power Europe AG  ESUN.S :
    * FY REVENUE GROWTH OF 46% TO CHF 13.87 MILLION
    * FY EBITDA RISES 47% TO CHF 10.22 MILLION
    * FY NET PROFIT RISES 96% TO CHF 3.04 MILLION
    * PROPOSAL TO INCREASE DIVIDEND FROM CAPITAL CONTRIBUTION RESERVES BY 67% TO CHF 1.00 PER
SHARE
    * PLANNED PLANT IN PORTUGAL WILL NOT GENERATE ANY INCOME IN CURRENT YEAR
    * TAX BURDEN WILL RISE AGAIN AS LOSS CARRYFORWARDS ARE DEPLETED
    * EXPECTING A NET RESULT OF ROUGHLY CHF 3.0 MILLION FOR CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nEQ89vCgya 
Further company coverage:  ESUN.S 

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