Brief: Tessenderlo Group Q1 Rebitda Down At 37.8 Million Euros

Tessenderlo NV

26/04/2018 18:00

April 26 (Reuters) - TESSENDERLO GROUP NV  TESB.BR :
    * ACQUIRES T-POWER NV: A GAS-FIRED 425 MW POWER PLANT IN
TESSENDERLO (BELGIUM)
    * TESSENDERLO GROUP WILL HENCE OWN 100% OF THE SHARES OF
T-POWER
NV
    * Q1 REBITDA EUR 37.8  MILLION VERSUS EUR 54.8 MILLION YEAR
AGO
    * INVESTS APPROXIMATELY 328 MILLION EUR FOR THE ACQUISITION
OF THE
REMAINING SHARES IN T-POWER
    * CONFIRMS FORECAST FOR 2018 REBITDA IN LINE WITH 2017
REBITDA
EXCLUDING T-POWER CONTRIBUTION
    * Q1 REVENUE EUR 383.6 MILLION VERSUS EUR 431.3 MILLION YEAR
AGO
    * END-Q1 NET DEBT AT EUR 79.1 MILLION VERSUS EUR 110.4
MILLION
YEAR AGO

Source text : https://bit.ly/2vL0piQ
Further company coverage:  TESB.BR 

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