Edition:
United States

Fugro FY Net Loss Narrows To 159.9 Million Euros


Thursday, 22 Feb 2018 02:28am EST 

Feb 22 (Reuters) - FUGRO NV ::FUGRO FY 2017: RESULTS IN LINE WITH EXPECTATIONS.FY REVENUE EUR 1.50 BILLION VERSUS EUR 1.53 BILLION IN REUTERS POLL.OUTLOOK 2018: EXPECTS STABILISING REVENUE, IMPROVED EBIT MARGIN.OUTLOOK 2018: EXPECTS POSITIVE CASH FLOW FROM OPERATING ACTIVITIES AFTER INVESTMENTS.FY NET LOSS EUR 159.9 MILLION VERSUS LOSS EUR 308.9 MILLION YEAR AGO.FY EBITDA (EXCLUDING EXCEPTIONAL ITEMS) EUR 100.8 MILLION VERSUS EUR 189.5 MILLION YEAR AGO.OUTLOOK 2018: CAPEX IS EXPECTED TO BE AROUND EUR 80 MILLION..DUE TO THE NEGATIVE NET RESULT, WILL NOT PROPOSE TO PAY A DIVIDEND OVER THE YEAR 2017.. 

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17 Aug 2018