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GE — Gefran Spa News Story

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Brief: Gefran FY EBIT rises by 50 pct to 6.5 mln euros

March 12 (Reuters) - Gefran SpA  GFRN.MI : 
    * Reports full year 2014 revenue of 129.6 million euros 
($137.67 million), up 2.9 pct 
    * Q4 revenue is 36.0 million euros, up 7.3 pct 
    * Full year EBIT is 6.5 million euros, up by 50 pct 
    * Full year group net loss is 224,000 euros versus loss of 
8,486,000 euros a year ago 
    * Says for full year 2015 revenues are expected to grow by 
about 10 pct compared to 2014 and EBITDA is expected at about 10 
pct of revenues 
    * Plans to propose not to distribute the FY 2014 dividend  
 
Source text for Eikon:  ID:nBIA121a1  
Further company coverage:  GFRN.MI  
 
($1 = 0.9414 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 6983920;))

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