Brief: Vistal Gdynia Files Restructuring Plan

Vistal Gdynia SA w Upadlosci

07/02/2018 12:12

Feb 7 (Reuters) - VISTAL GDYNIA SA  VTL.WA : 
    * SAID ON TUESDAY THAT IT FILED ITS RESTRUCTURING PLAN TO A 
COURT 
IN GDANSK 
    * UNDER RESTRUCTURING PLAN THE COMPANY WANTS TO FOCUS ITS 
ACTIVITY 
ON SCANDINAVIAN MARKET AND CONSTRUCTION OF RAILWAY BRIDGES IN 
POLAND  
    * PLANS TO DIRECTLY CONTROL ENTIRE MANUFACTURING PROCESS 
    * SEES CONCLUSION OF THE AGREEMENT IN Q4 2018 
    * SEES ITS 2018 REVENUE RANGING FROM 52.6 MLN ZLOTYS IN 
REALISTIC 
SCENARIO TO 71.3 MLN ZLOTYS IN OPTIMISTIC SCENARIO 
    * SEES ITS 2018 EBITDA MARGIN RANGING FROM -6.0% IN 
REALISTIC 
SCENARIO TO 0.0% IN OPTIMISTIC SCENARIO 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM77m31Va 
     
 Further company coverage:  VTL.WA   
    
 
 
 (Gdynia Newsroom) 
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