Brief: Sif Holding H1 EBITDA Adjusted For IPO Costs EUR 14.0 MLN

Sif Holding NV

24/08/2018 06:23

Aug 24 (Reuters) - SIF HOLDING NV  SIFG.AS :
    * H1 EBITDA ADJUSTED FOR IPO COSTS REACHED € 14.0 MILLION
(HY
2017: € 33.7 MILLION)
    * H1 UNAUDITED REVENUE EUR  145.9 MILLION VERSUS EUR 156.2
MILLION
YEAR AGO
    * ORDER BOOK PER 23 AUGUST 2018 OF 150 KTON FOR 2018, 200
KTON FOR
2019 AND 90 KTON FOR 2020
    * H1 NET DEBT TOTALED € 52.5 MILLION (HY 2017: € 47.7
MILLION)
    * H1 CONTRIBUTION OF € 45.6 MILLION (HY 2017: € 74.4
MILLION)
    * SAYS  OUTLOOK FOR 2019 AND BEYOND REMAINS POSITIVE
    * SAYS ORDER BOOK IS FILLING UP WITH 200 KTON FOR 2019 AND
90 KTON
FOR 2020
    * H1  OPERATING WORKING CAPITAL STOOD AT € 32.7 MILLION (H1
2017:
€ 18.1 MILLION)
    * WILL IN COMING YEARS NEED TO INVEST APPROXIMATELY € 8 TO
€14
MILLION IN EXPANSION OF COATING FACILITIES AT ROTTERDAM
MAASVLAKTE
    * SAYS  IS WELL PREPARED FOR THE UPCOMING BOOM IN THE
OFFSHORE
WIND ENERGY INDUSTRY

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE803NSN
Further company coverage:  SIFG.AS 

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