February 14, 2017 / 5:44 PM / 8 months ago

BRIEF-Linedata FY EBITDA 49.9 million euros

Feb 14 (Reuters) - Linedata Services SA:

* 2016 annual results - EBITDA: +2.7 percent, net margin: 14.1 percent

* FY net income 23.6 million euros ($24.94 million)versus 26.1 million euros year ago

* FY revenue 166.8 million euros versus 172.3 million euros year ago

* FY EBITDA 49.9 million euros versus 48.6 million euros year ago

* A dividend of 1.50 euro per share will be proposed at next shareholders’ meeting, up 7.1 percent from 2015 excluding 2015 extraordinary dividend

* Reaffirming its drive to return to sustainable organic growth in 2017

* Continued acceleration of research and development investments and integration of group’s recent acquisitions are expected to impact EBITDA margin and capex in 2017 Source text for Eikon: Further company coverage: ($1 = 0.9464 euros) (Gdynia Newsroom:)

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