Brief: Ibu-Tec Advanced Materials Buys 100% Interest In BNT Chemicals GmbH

IBU-tec advanced materials AG

21/06/2018 09:08

June 21 (Reuters) - IBU TEC ADVANCED MATERIALS AG  IBU.DE :
    * HAS PURCHASED A 100% INTEREST IN BNT CHEMICALS GMBH
    * NEW FORECAST FOR IBU-TEC: ANNUALISED REVENUE FOR 2018
AFTER
PURCHASE OF EUR 45-50 MILLION
    * FORECAST ANNUALISED EBITDA BEFORE ACQUISITION COSTS FOR
2018 OF
EUR 5.5-7 MILLION
    * IBU TEC ADVANCED MATERIALS - ADDITIONAL MEDIUM-TERM
REVENUE AND
EARNINGS POTENTIAL FROM ADDRESSING NEW MARKETS, SYNERGIES AND
FURTHER OPTIMISATIONS AT BNT CHEMICALS

Source text for Eikon:  ID:nEQ5WZ7P2a 
Further company coverage:  IBU.DE 

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