March 7, 2017 / 4:47 PM / 6 months ago

BRIEF-wige Media AG anticipates positive performance in 2017

March 7 (Reuters) - wige Media AG

* dgap-adhoc: _wige media ag anticipates positive performance in 2017

* In current financial year, expects revenues of around 60 million euros, EBITDA of 2.7 million euros and earnings before tax (EBIT) of 1.5 million euros

* In medium term, revenues are expected to increase to around 100 million euros, accompanied by an EBIT margin of 10%

* Company's management board has today approved respective medium-term planning

* Provisional, unaudited, FY 2016 statements, which include discontinued broadcast business respectively, report revenues of around 60 million euros due to group restructuring and earnings before tax (EBT) of -6.5 million euros Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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