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Kinexia SpA issues combined business plan and FY 2014-2018 guidance


Thursday, 17 Apr 2014 05:18am EDT 

Kinexia SpA:Presents with, Sostenya SpA, holding company and major shareholder of Kinexia and Waste Italia Group, the 2014-2018 Combined Business Plan.Expects FY 2018 turnover post-merger at 264 mln euros, EBITDA at 79 mln euros and EBIT at 43 mln euros.Revenues expected result in progressive growth rate (CAGR: 10 pct), from 165 mln euros in FY 2013 to 187 mln euros in FY 2014 with a target in FY 2018 of 264 mln euros.EBITDA and EBIT are also expected in increase as the FY 2014 outlook foresees an EBITDA and EBIT of 51 mln euros and 22 mln euros, which will increase progressively in the years of the Plan with a target of 79 mln euros in FY 2018 and 43 mln euros. 

Company Quote

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23 Dec 2014