Reuters logo
BRIEF-Everysport Media Group revises annual targets
October 6, 2016 / 2:42 PM / a year ago

BRIEF-Everysport Media Group revises annual targets

Oct 6 (Reuters) - Everysport Media Group AB :

* Says to implement proposed strategic initiatives, with launch of Leader Media as first step

* Annual targets for company as a whole are revised

* Previously, annual targets for EBITDA margin of 7-9 percent was announced and sees that it is still a reasonable goal for the underlying business which shows good organic growth and a desired stability

* However, costs associated with new initiatives mean that annual target for the group will not be reached

* New goal is to continue to deliver a positive EBITDA for the full year at group level

Source text: bit.ly/2dV5VXl

Further company coverage:

Gdynia Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below