Denmark's Napatech "on track" to reach 2016 guiding -CEO
20/09/2016 10:50
OSLO, Sept 20 (Reuters) -
** Napatech CEO Henrik Bill Jensen made the following
statements during an investor conference on Tuesday:
** "We continue to have a sharp focus on revenue and our
targets for the remainder of 2016, and we still believe that we
will reach our full-year result guiding of 20 percent revenue
growth and around 20 percent EBITDA margin
** The company's revenues grew by just 8 percent
year-on-year in the first half of 2016, and its EBITDA margin
stood at 10 percent
** "We are also on track with our ambition to become a $100
mln top line company by 2020."
** Napatech's shares have surged about 400 percent in the
last 12 months
** The Danish company has been listed on the Oslo Stock
Exchange since 2013
(Reporting by Joachim Dagenborg, editing by Terje Solsvik)
((joachim.dagenborg@thomsonreuters.com; +47 233 16 592; Reuters
Messaging: joachim.dagenborg.thomsonreuters.com@reuters.net))
Keywords: NAPATECH OUTLOOK/