April 12, 2018 / 5:29 AM / 8 months ago

BRIEF-Ibersol FY Net Profit Up 34 Pct YoY

April 12 (Reuters) - Ibersol SGPS SA:

* REPORTED ON WEDNESDAY FY NET PROFIT OF 31.2 MILLION EUROS VERSUS 23.3 MILLION EUROS YEAR AGO

* FY EBITDA 65.3 MILLION EUROS VERSUS 47.1 MILLION EUROS YEAR AGO

* FY TURNOVER 448.3 MILLION EUROS VERSUS 269.8 MILLION EUROS YEAR AGO

* FY RESULTS REFLECT CONTRIBUTION OF EAT OUT GROUP

* IN 2018 EXPECTS SALES TREND OF THE LAST QUARTER TO REMAIN IN PORTUGAL, MORE MODERATE GROWTH IN SPAIN

* IN 2018 EXPECTS PROFITABILITY OF OPERATIONS IN ANGOLA TO BE GREATLY REDUCED

Source text: bit.ly/2qoDtAR

Further company coverage: (Gdynia Newsroom)

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