Brief: Napatech reiterates guidance and 2020 ambitions

Napatech A/S

04/04/2017 06:35

April 4 (Reuters) - NAPATECH A/S  NAPAT.OL : 
    * REG-NAPATECH A/S : ANNOUNCES 17% SALES GROWTH AT 2017 CMD 
- REITERATES GUIDANCE AND 2020 AMBITIONS 
    * REITERATES GROWTH OPPORTUNITIES, 2017 GUIDANCE, AND 2020 
REVENUE AMBITIONS OF USD 100 MILLION 
    * INCREASED DEMAND FOR SMARTNICS PROVIDES CATALYST FOR 
GROWTH FROM NAPATECH'S EXISTING PRODUCTS AND SOLUTIONS, AND 
ANCHORS COMPANY'S AMBITION OF A 100 MUSD TOP-LINE BY 2020 
    * BUILDING ON GROWTH OF 8% IN 2016, COMPANY EXPECTS 
PROFITABLE REVENUE GROWTH TO CONTINUE IN 2017 
    * REITERATES FOLLOWING GUIDANCE FOR 2017: REVENUE GROWTH OF 
10 TO 20% 
    * REITERATES FOLLOWING GUIDANCE FOR 2017: GROSS MARGIN 
AROUND 68% 
    * REITERATES FOLLOWING GUIDANCE FOR 2017: EBITDA MARGIN 
AROUND 20% 
 
Source text for Eikon:  ID:nGNE39DXlR  
Further company coverage:  NAPAT.OL  
 
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