Brief: Sabaf Targets Sales In Range EUR 250-300 Million In 2022

Sabaf SpA

26/03/2018 16:44

March 26 (Reuters) - Sabaf Spa  SABF.MI :
    * SAYS ANNOUNCES BUSINESS PLAN FOR 2018-2022
    * SAYS SALES TARGET BETWEEN 250 AND 300 MILLION EUROS IN
2022
    * SAYS SEES EBITDA ABOVE 20%, TOTAL INVESTMENTS UP TO 230
MILLION
EURO 
    * FORECASTS ORGANIC GROWTH: ANNUAL INCREASE IN REVENUE
RANGING
FROM 4% TO 6%
    * SAYS DISTRIBUTION OF DIVIDENDS RANGING FROM 30 TO 40
MILLION
EURO ARE EXPECTED OVER THE FIVE-YEAR PERIOD
    * EXPECTS GROWTH BY ACQUISITIONS: REVENUE TARGET RANGING
FROM 70
TO 100 MILLION EURO

Source text for Eikon:  ID:nBIAbNpGwy 
Further company coverage:  SABF.MI 

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