Brief: Panostaja acquires 75 percent of shares in Megaklinikka, raises 2015 net sales guidance

Panostaja Oyj

27/02/2015 09:00

Feb 27 (Reuters) - Panostaja Oyj  PNA1V.HE : 
    * Signed an agreement for purchase of shares in Megaklinikka 
Oy, which offers oral health care services 
    * Will buy a 75 percent share of company 
    * The value of Megaklinikka's entire 100 pct share capital 
is some 2.9 million euros ($3.25 million), of which Panostaja's 
share is 75 pct  
    * Sellers also have opportunity for an additional purchase 
price of up to 1.0 million euros, based on the operating margin 
for the 2015 and 2016 calendar years 
    * Megaklinikka's key personnel will continue as minority 
shareholders with a 25 personnel stake in company 
    * Net sales in 2015 financial period are now expected to be 
greater than in 2014 
    * Previously net sales and EBIT in 2015 financial period 
were expected to be at same level as in 2014 (net sales 154.8 
million euros and EBIT 10.2 million euros) 
 
Source text for Eikon:  ID:nHSU5Jvv  
Further company coverage:  PNA1V.HE  
 
($1 = 0.8914 euros) 
 
 
($1 = 0.8913 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))