December 5, 2017 / 7:08 AM / 13 days ago

BRIEF-NanoRepro cuts 2017 revenue outlook

Dec 5 (Reuters) - NANOREPRO AG:

* SAID ON TUESDAY ACCORDING TO MANAGEMENT ESTIMATES, FY TURNOVER IS NOW EXPECTED TO RISE TO BETWEEN EUR 1.6 AND 1.8 MILLION (2016: EUR 1.5 MILLION), PREVIOUSLY EXPECTED FY REVENUE OF 2.0 MILLION EUROS

* FY EBITDA IS EXPECTED TO IMPROVE BY AT LEAST € 300,000 COMPARED TO 2016 (2016: € -835,000)

* For 2018 currently forecasts revenue growth of at least 40 percent to EUR 2.5 million with a balanced operating result

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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