Brief: QSC 2016 EBITDA improves to 42.2 mln eur

QBeyond AG

29/02/2016 06:30

Feb 29 (Reuters) - QSC AG  QSCG.DE  
    * Fy ebitda 42.2 million eur 
    * Fy revenue 402.4 million eur 
    * Says 2015 revenues of eur 402.4 million based on 
preliminary calculations 
    * Says ebitda improves to eur 42.2 million 
    * Says free cash flow rises to eur 7.1 million 
    * Sees return to growth course in 2017 
    * Says expects revenues of between eur 380 million and eur 
390 million and positive free cash flow in current financial 
year 
    * Says expects ebitda in a range of eur 34 million to eur 
38 million in 2016 
    * Says scaling down its workforce by 350 employees by end 
of 2016 compared with end of 2014 
    * Says measures are expected to result in one-off costs in 
a medium single-digit million euro range 
    * Says proposes a dividend of 3 cents per share 
    * Expects to return to overall revenue growth from 2017  
 
Source text for Eikon:  ID:nEQ40tYy2a  
Further company coverage:  QSCG.DE  
 
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