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NSAK OTI Greentech AG News Story

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Brief: OTI Greentech H1 EBITDA loss narrows to 0.7 mln euros

Aug 29 (Reuters) - OTI Greentech AG  NSAG.D : 
    * H1 preliminary revenues of approximately 5.0 million euros 
 ($5.59 million); slightly above previous year 
    * H1 earnings before interest, taxes, depreciation and 
amortisation (EBITDA): significant improvement to -0.7 million 
euros compared to -1.3 million euros in H1 2015 
    * Outlook for 2016 confirmed: expect doubling of 2015 
revenues to at least 16 million euros with significant 
improvement in EBITDA 
 
Source text for Eikon:  ID:nEQ1lsj1Za  
Further company coverage:  NSAG.D  
 
($1 = 0.8951 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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