December 28, 2017 / 7:23 AM / 9 months ago

BRIEF-Agrogeneration Expects FY Value Of Production To Decrease By Approx 9.4 Million euros

Dec 28 (Reuters) - AGROGENERATION SA:

* FOR FY 2017, EBITDA SHOULD REMAIN WELL INTO POSITIVE TERRITORY

* VALUE OF PRODUCTION EXPECTED TO DECREASE COMPARED TO LAST YEAR BY APPROX EUR9.4 MILLION

* AIMS TO SAVE AROUND EUR4.2 MILLION IN CASH EXPENSES WITH FULL-YEAR EFFECT IN 2018

* 2018 GROWING SEASON HAS STARTED FAVOURABLY

* FINANCING FOR NEW FARMING SEASON APPEARS TO BE APPROPRIATELY SECURED

* AIMS TO RETURN TO ITS RECENT YEARS’ EBITDA PERFORMANCE IN 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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