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Provider: Reuters Investment Profile

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Vigmed Holding publishes FY 2014 and long-term financial objectives

Thursday, 5 Jun 2014 05:59am EDT 

Vigmed Holding publ AB:Resolves to publish financial objectives as the company enters into a commercialization phase.Expects to reach net revenue of 5-10 million Swedish crowns with a negative result and cash-flow for FY 2014.Aims to deliver net revenue of 400-600 million Swedish crowns in FY 2018 with a margin level of Earnings before Tax (EBT) of 13-17 percent.Says the more traditional measurement of EBIT is somewhat less relevant for Vigmed considering its chosen business model of controlled outsourcing of manufacturing and distribution. 

Company Quote

-0.15 -1.88%
11:29am EDT