Brief: wige Media AG anticipates positive performance in 2017

SPORTTOTAL AG

07/03/2017 16:34

March 7 (Reuters) - wige Media AG  WIGGk.DE  
    * dgap-adhoc: _wige media ag anticipates positive 
performance in 2017 
    * In current financial year, expects revenues of around 60 
million euros, EBITDA of 2.7 million euros and earnings before 
tax (EBIT) of 1.5 million euros 
    * In medium term, revenues are expected to increase to 
around 100 million euros, accompanied by an EBIT margin of 10% 
    * Company's management board has today approved respective 
medium-term planning 
    * Provisional, unaudited, FY 2016 statements, which include 
discontinued broadcast business respectively, report revenues of 
around 60 million euros due to group restructuring and earnings 
before tax (EBT) of -6.5 million euros 
 
Source text for Eikon:  ID:nEQ165pd3  
Further company coverage:  WIGGk.DE  
 
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