Brief: Solar Completes Acquisition And Upgrades 2019 Revenue Guidance

Solar A/S

15/05/2019 09:42

May 15 (Reuters) - Solar A/S  SOLARb.CO :
    * REG-NO. 13 2019 SOLAR A/S ACQUIRES SWEDISH BUSINESS
ACTIVITIES
    * WE EXPECT ACQUIRED BUSINESS ACTIVITIES TO HAVE A POSITIVE
EFFECT
ON OUR 2019 REVENUE OF APPROX. DKK 250M BUT NO EFFECT ON EBITA
DUE TO INTEGRATION COSTS
    * CHANGES REVENUE OUTLOOK FOR 2019
    * ACQUISITION PRICE FOR NET ASSETS IS DKK 45 MILLION
    * EXPECT ACQUIRED BUSINESS ACTIVITIES TO HAVE A POSITIVE
EFFECT ON
2019 REVENUE OF ABOUT DKK 250M BUT NO EFFECT ON EBITA
    * EXPECT A REVENUE OF AT LEAST DKK 11.6 BILLION

Source text for Eikon:  ID:nGNE9qTlSf 
Further company coverage:  SOLARb.CO 

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