February 16, 2018 / 10:58 AM / 10 months ago

BRIEF-Italia Independent Group FY Pro-Forma EBITDA Loss Shrinks To EUR 2.5 mln

Feb 16 (Reuters) - ITALIA INDEPENDENT GROUP:

* REPORTED ON THURSDAY FY PRO-FORMA EBITDA LOSS EUR 2.5 MLN VS LOSS EUR 8.3 MLN A YEAR AGO

* FY PRO-FORMA TURNOVER OF EUR 25.9 MLN VS EUR 27.6 MLN YEAR AGO

* NET DEBT AT END-2017 STOOD AT EUR 24.4 MLN VS DEBT OF EUR 18.3 MLN YEAR AGO

* BOARD PLANS TO PROPOSE A RIGHTS ISSUE OF UP TO EUR 5 MLN

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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