Brief: Industrial Milk Company FY net result turns to loss of $46.5 mln

Imc SA

17/04/2015 06:55

April 17 (Reuters) - Industrial'na molochna kompaniia ZAT 
(Industrial Milk Company)  IMC.WA : 
    * Says it reported FY 2014 revenue of $138.3 million versus 
$114.8 million a year ago 
    * FY 2014 operating profit of $45.8 million versus $37.7 
million a year ago 
    * FY 2014 net loss of $46.5 million versus a profit of $26.1 
million a year ago 
    * FY 2014 normalized EBITDA of $57.4 million versus $49.5 
million a year ago 
    * Expects EBITDA of $109 million by 2019  
    * In accordance with its strategy of development plans to 
increase a farming land bank up to 285,000 ha during next 7 
years by 2019 
 
     
 Source text for Eikon:  ID:nEM1675796  
     
 Further company coverage:  IMC.WA   
    
 
 
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