Brief: Efecte Q4 EBITDA Falls To EUR ‍21,000​

Efecte Oyj

08/03/2018 12:18

March 8 (Reuters) - EFECTE OYJ  EFECTE.HE :
    * Q4 REVENUE EUR ‍3.2​ MILLION VERSUS EUR 2.4 MILLION YEAR
AGO
    * Q4 EBITDA EUR ‍21,000​ VERSUS EUR 134,000  YEAR AGO
    * ‍AIMS FOR OVER 20% ANNUAL ORGANIC GROWTH ON AVERAGE IN
2017-2022.​
    * ANNUAL GROWTH IN 2018 IN NET SALES IS EXPECTED TO EXCEED
20%
    * DUE TO GROWTH INVESTMENTS, EXPECT EBITDA TO BE CLEARLY
NEGATIVE
IN 2018
    * PROFITABILITY IN FIRST YEAR-HALF IS EXPECTED TO BE LOWER
THAN IN
SECOND YEAR-HALF

Source text for Eikon:  ID:nGNEdZv63 
Further company coverage:  EFECTE.HE 

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