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BRIEF-Linas Agro FY 2016 EBITDA up at EUR 23 mln
August 31, 2017 / 8:04 AM / a month ago

BRIEF-Linas Agro FY 2016 EBITDA up at EUR 23 mln

Aug 31 (Reuters) - LINAS AGRO GROUP AB :

* SAYS REVENUE IN 12 MONTHS OF FY 2016/17 AT EUR 645 MILLION AND WAS 4.7 PERCENT MORE COMPARED TO PREVIOUS YEAR (EUR 616 MILLION)

* SAYS EBITDA WAS 32% HIGHER AND AMOUNTED TO ALMOST EUR 23 MILLION AS COMPARED TO THE PREVIOUS YEAR (EUR 18 MILLION)

* SAYS GROSS PROFIT REACHED EUR 46 MILLION OR WAS 16% HIGHER THAN A YEAR BEFORE (EUR 40 MILLION)

* SAYS OPERATING PROFIT REACHED EUR 12 MILLION OR WAS 74% MORE AS COMPARED TO THE RESPECTIVE PERIOD OF 2016 (EUR 7 MILLION) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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