March 8, 2018 / 12:20 PM / 5 months ago

BRIEF-Efecte Q4 EBITDA Falls To EUR ‍21,000​

March 8 (Reuters) - EFECTE OYJ:

* Q4 REVENUE EUR ‍3.2​ MILLION VERSUS EUR 2.4 MILLION YEAR AGO

* Q4 EBITDA EUR ‍21,000​ VERSUS EUR 134,000 YEAR AGO

* ‍AIMS FOR OVER 20% ANNUAL ORGANIC GROWTH ON AVERAGE IN 2017-2022.​

* ANNUAL GROWTH IN 2018 IN NET SALES IS EXPECTED TO EXCEED 20%

* DUE TO GROWTH INVESTMENTS, EXPECT EBITDA TO BE CLEARLY NEGATIVE IN 2018

* PROFITABILITY IN FIRST YEAR-HALF IS EXPECTED TO BE LOWER THAN IN SECOND YEAR-HALF Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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