February 28, 2018 / 7:50 AM / 8 months ago

BRIEF-Prismi FY Prelim. EBITDA At EUR 1.2 Mln, Targets Revenues Of EUR 25 Mln In 2020

Feb 28 (Reuters) - PRISMI SPA:

* REPORTED ON TUESDAY FY PRELIMINARY TURNOVER OF EUR 15.1 MLN VS EUR 12.6 MLN YEAR AGO

* FY PRELIMINARY EBITDA EUR 1.2 MLN VS EUR 1.0 MLN YEAR AGO

* ISSUES 2018-2020 BUSINESS PLAN

* TARGETS EBITDA MARGIN OF 30 PCT IN 2020

* BOARD APPROVES THE ISSUE OF UP TO 4.0 MLN NO-PAR VALUE SHARES WITH WARRANTS AT THE PRICE OF EUR 1.24 PER SHARE

* TOTAL VALUE OF THE CAPITAL INCREASE IS EUR 5.0 MLN

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Further company coverage: (Gdynia Newsroom)

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