Brief: Guerbet Expects 2018 Revenue In-Line With 2017

Guerbet SA

18/04/2018 06:14

April 18 (Reuters) - Guerbet SA  GRBT.PA :
    * FOR 2018, EXPECTS REVENUE IN-LINE WITH 2017 AT CONSTANT
EXCHANGE
RATES
    * FOR 2018, EXPECTS EBITDA MARGIN DOWN BY C. 2 PERCENTAGE
POINTS
OF REVENUE COMPARED TO 2017
    * FOR 2020, AND TAKING INTO ACCOUNT INTERNAL BOOST
INITIATIVES
ONLY, TARGETS REVENUE BETWEEN €850M AND €900M AT CER
    * FOR 2020, AND TAKING INTO ACCOUNT INTERNAL BOOST
INITIATIVES
ONLY, TARGETS EBITDA MARGIN ABOVE 16.5%
    * FOR 2023 TARGETS REVENUE OF AROUND C. €1.0 BILLION AT
CONSTANT
EXCHANGE RATES AND AN EBITDA MARGIN ABOVE 20%
    * TARGETS NET CAPITAL EXPENDITURE OF C. €50M WITH ADDITIONAL
ONE-OFF IMPACT OF C. €10M IN 2020 AND 2021
    * FOR 2023 TARGETS NET CAPITAL EXPENDITURE OF C. € 50
MILLION
    * TARGETS TO GENERATE €100M TO €150M OF REVENUE IN 2023 FROM
COMPANIES ACQUIRED OVER 2018-2023 IN INTERVENTIONAL IMAGING
    * EXTERNAL BOOST INITIATIVES TO BE ACHIEVED OVER 2018-2023
ARE
TARGETED TO CONTRIBUTE AN ADDITIONAL €150M TO €250M OF REVENUE
BY 2023
    * GUERBET HAS IDENTIFIED PIPELINE OF REALISTIC TARGETS AND
HAS
AMBITION TO SIGN TWO ACQUISITIONS BEFORE END OF 2018
    * EXTERNAL BOOST INITIATIVES TO BE ACHIEVED OVER 2018-2023
ARE
TARGETED TO HAVE AN OVERALL POSITIVE IMPACT ON EBITDA MARGIN

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL7knjYd
Further company coverage:  GRBT.PA 

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