January 30, 2018 / 2:18 PM / in 21 days

BRIEF-Adler Modemärkte Says EBITDA Up 7% To About EUR 25 Million In 2017

Jan 30 (Reuters) - ADLER MODEMAERKTE AG:

* DGAP-ADHOC: ADLER MODEMÄRKTE AG: GROWTH IN EARNINGS SIGNIFICANT, BUT BELOW EXPECTATIONS - FREE CASH FLOW OF MORE THAN EUR35 MILLION

* ‍EBITDA WAS UP 7% TO APPROXIMATELY EUR 25 MILLION IN 2017​

* FY REVENUE AMOUNTED TO EUR 525.8 MILLION, ROUGHLY 3% BELOW PRIOR-YEAR FIGURE OF EUR 544.6 MILLION

* ‍WILL ANNOUNCE NEW CORPORATE STRATEGY AND RELATED MEASURES BY MID-MARCH 2018 AT LATEST​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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