Edition:
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Paragon Entertainmnt Sees FY Revenue Between 9.5 Mln Stg And 9.8 Mln Stg


Tuesday, 18 Dec 2018 09:15am EST 

Dec 18 (Reuters) - Paragon Entertainment Ltd ::PARAGON ENTERTAINMNT - TRADING UPDATE.PARAGON ENTERTAINMENT LTD - H2 2018 REVENUE IS NOW FORECAST TO BE BETWEEN £5.5M AND £5.8M (AGAINST H1 2018 REVENUE OF £4.0M).PARAGON ENTERTAINMENT LTD - FULL YEAR 2018 REVENUE IS NOW FORECAST TO BE BETWEEN £9.5M AND £9.8M.PARAGON ENTERTAINMENT LTD - HAS CONTINUED TO ACHIEVE SIGNIFICANT OPERATIONAL PROGRESS AND REVENUE GROWTH IN SECOND HALF OF 2018.PARAGON ENTERTAINMENT LTD - TURNAROUND OF UNDERLYING BUSINESS IS PROGRESSING WELL.PARAGON ENTERTAINMENT LTD - H2 2018 EBITDA IS NOW FORECAST TO BE A LOSS OF ABOUT £0.2M (AGAINST AN H1 2018 EBITDA LOSS OF £1.9M).PARAGON ENTERTAINMENT LTD - FULL YEAR 2018 EBITDA IS THEREFORE NOW FORECAST TO BE A LOSS OF £2.1M.PARAGON ENTERTAINMENT LTD - RESOLVING MANAGEMENT CHANGE AND LEGACY ISSUES WILL RESULT IN A NUMBER OF ADJUSTMENTS TO PARAGON'S ACCOUNTS.PARAGON ENTERTAINMENT LTD - FORECAST THAT IN H1 2019 REVENUE WILL BE BETWEEN £6.0M AND £6.5M.. 

Company Quote

0.0
-1.15 -100.00%
19 Jun 2019