Brief: Kerlink Announces 51 Percent Equity Investment In Wyres

Kerlink SA

09/01/2019 17:42

Jan 9 (Reuters) - KERLINK SA  ALKLK.PA :
    * 51% EQUITY INVESTMENT IN WYRES
    * 2018 REVENUE: €17.1M
    * FULL-YEAR GROSS MARGIN SHOULD, AS EXPECTED, TOP 40%
    * WYRES WILL BE INCLUDED IN THE GROUP'S CONSOLIDATED
FINANCIAL
STATEMENTS FROM JANUARY 2019
    * IN 2019, THE GROUP IS AIMING TO RETURN TO FULL-YEAR GROWTH
    * IN 2020, KERLINK IS TARGETING DOUBLE-DIGIT GROWTH,
POSITIVE
EBITDA AND A POSITIVE OPERATING CASH FLOW

Source text: https://bit.ly/2QAKQPW
Further company coverage:  ALKLK.PA 

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