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BRIEF-Orascom Development Holding posts Q1 adj EBITDA of CHF 4.8 mln
May 16, 2017 / 4:40 AM / 3 months ago

BRIEF-Orascom Development Holding posts Q1 adj EBITDA of CHF 4.8 mln

May 16 (Reuters) - ORASCOM DEVELOPMENT HOLDING AG

* Q1 REVENUES REACHED CHF 52.5 MILLION VERSUS. CHF 61.2 MILLION IN Q1 2016

* Q1 GROSS PROFIT WAS DOUBLED TO REACH CHF 7.0 MILLION VERSUS. TO CHF 3.5 MILLION IN Q1 2016

* Q1 NET LOSS ATTRIBUTABLE TO SHAREHOLDERS AMOUNTED TO CHF 13.2 MILLION VERSUS. A NET LOSS OF CHF 26.4 MILLION IN Q1 2016

* Q1 ADJUSTED EBITDA FOR THE PERIOD REACHED CHF 4.8 MILLION Source text - bit.ly/2pED1A5 Further company coverage: (Gdynia Newsroom)

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