Brief: Iceland Seafood Increases 2018 Outlook, Approves Main Market Listing

Iceland Seafood Internat hf

13/12/2018 06:40

Dec 13 (Reuters) - Iceland Seafood International hf
 ICESEA.IC :
    * SAID ON WEDNESDAY IT HAS INCREASED 2018 FINANCIAL OUTLOOK
    * PROFORMA NORMALISED PBT FOR 2018 OF EUR 10.4M - EUR 10.9M,
COMPARED TO AUGUST ESTIMATE OF EUR 9.6M - EUR 10.6M
    * NORMALISED PBT FOR 2018 IS ANTICIPATED TO BE EUR 6.8M -
EUR
7.3M, COMPARED TO AUGUST ESTIMATE OF EUR 6.1M - EUR 6.6M, UP
C.A. 11%
    * BOARD OF DIRECTORS HAVE FORMALLY AGREED TO APPLY FOR A
LISTING
ON ICELAND'S NASDAQ MAIN MARKET DURING THE COURSE OF 2019
    * RAISES GUIDANCE FURTHER TO ITS TWO RECENT ACQUISITIONS
COMBINED
WITH STRONG UNDERLYING ORGANIC GROWTH 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE55xn22
    
 Further company coverage:  ICESEA.IC  
   


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