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Brief: Efore Q4 operating loss ex. items widens to EUR 2.3 mln

Feb 12 (Reuters) - Efore Oyj  EFO1V.HE : 
    * Q4 operating loss ex. items 2.3 million euros versus loss 0.5 million euros year ago 
    * Q4 net sales 19.8 million euros versus 21.4 million euros year ago 
    * Board of directors will propose that no dividend be distributed 
    * Network market is predicted to remain stable in 2016 
    * Estimates its net sales of financial year 2016 to be higher than 2015 
    * Sees results from operating activities without one-time items to be positive. 
    * Long term financial target is to reach 10 pct EBIT level and an average annual net sales 
growth of 5-10 pct 
 
Source text for Eikon:  ID:nHSU6b21  
     
Further company coverage:  EFO1V.HE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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