December 2, 2016 / 7:15 AM / a year ago

BRIEF-Mersen expects transportation revenue to reach 160 million euros by 2020

Dec 2 (Reuters) - Mersen SA

* Mersen says expects revenue growth of its transportation segment to rise by 5 percent per year on average between now and 2020, taking it to 160 million euros ($171 million)

* Mersen says this target could ‘largely be exceeded’ and reach 220 million euros if economic conditions are faourable

* The transportation market represented 125 million euros for Mersen in 2015, or about 16 percent of its total group sales. Further company coverage: ($1 = 0.9368 euros) (Reporting by Mathieu Rosemain)

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