February 13, 2018 / 6:56 AM / 2 months ago

BRIEF-Koninklijke Wessanen FY Revenue Up At 625.8‍​ Million Euros

Feb 13 (Reuters) - KONINKLIJKE WESSANEN NV:

* FY REVENUE EUR 625.8‍​ MILLION VERSUS EUR 570.0 MILLION YEAR AGO

* WE EXPECT EBITE % OF REVENUE TO INCREASE FOR FULL YEAR 2018

* FY PROFIT FOR THE PERIOD EUR 36.0 MILLION VERSUS EUR 22.8 MILLION YEAR AGO

* Q4 EBITE EUR ‍​10.1 MILLION VERSUS EUR 6.2 MILLION YEAR AGO

* SEES NET FINANCING COSTS AROUND EUR 1.5-2.0 MILLION IN 2018

* SEES CAPITAL EXPENDITURE OF EUR 11-13 MILLION IN 2018

* FY EBITE EUR ‍​53.5 MILLION VERSUS EUR 41.2 MILLION YEAR AGO

* SEES TAX RATE AROUND 30% IN 2018

* IN 2018 EXPECTS CONTINUED STRONG GROWTH OF OWN BRANDS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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