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BRIEF-JDC Group sees doubling of EBITDA in 2017
April 27, 2017 / 5:13 AM / 5 months ago

BRIEF-JDC Group sees doubling of EBITDA in 2017

April 27 (Reuters) - JDC Group AG:

* FY revenue rose slightly on an annual basis by 3.1 percent to 78.1 million euros ($85.17 million) (2015: 75.7 million euros)

* FY (EBITDA) was 2.7 million euros despite high transaction costs for portfolio acquisitions and other one-time expenses (approx. 0.5 million euros) to 112.7 percent over previous year (2015: 1.3 million euros)

* FY EBIT of 0.2 million euros were also positive (2015: negative 0.3 million euros)

* In 2017, company expects further sales increases of 85.0 million euros to 95.0 million euros as well as a doubling of EBITDA from 5.0 million euros to 6.0 million euros Source text for Eikon: Further company coverage: ($1 = 0.9170 euros) (Gdynia Newsroom)

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