Brief: Wige Media expects FY 2016 net income at least EUR 1 mln

SPORTTOTAL AG

12/11/2015 10:48

Nov 12 (Reuters) - Wige Media AG  WIGGk.DE : 
    * Says net income is intended to reach at least 1 million euros  ($1.07 million) in FY 2016 
    * Expects 2016 sales of at least 63 million euros 
    * Sees 2016 EBITDA of at least 3.3 million euros 
    * Expects for 2015, constant turnover compared to 2014 of at least 60 million euros and 
EBITDA between 1 million and 2 million euros (net result of -1 million euros to -2 million 
euros) 
    * Works on growth program for potentially strong market segments, with aim by 2018 to reach 
revenue of about 100 million euros with an EBITDA margin of 11 pct 
 
Source text for Eikon:  ID:nEQ3lSKX2a  
Further company coverage:  WIGGk.DE  
 
($1 = 0.9325 euros) 
 
 (Gdynia Newsroom) 
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