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3 months ago
BRIEF-Mybet Holding raises earnings and cash position forecast 2017
May 24, 2017 / 9:02 AM / 3 months ago

BRIEF-Mybet Holding raises earnings and cash position forecast 2017

May 24 (Reuters) - MYBET HOLDING SE:

* MYBET HOLDING SE: RAISE OF EARNINGS AND CASH POSITION FORECAST 2017

* NEW FORECAST 2017, WITH AN UNCHANGED REVENUE TARGET OF EUR 44.5 TO 47 MILLION, HOLDS OUT PROSPECT OF AN EBIT BETWEEN EUR 4.5 TO 5.5 MILLION AS WELL AS OF A CASH POSITION BETWEEN EUR 1.0 AND 2.0 MILLION

* REASON FOR RAISE OF EARNINGS AND CASH POSITION FORECAST IS OUT-OF-COURT SETTLEMENT AGREED ON AND ANNOUNCED ON 15 MAY WITH WESTLOTTO IN LEGAL PROCEEDINGS ABOUT DAMAGE CLAIMS FOR CARTEL INFRINGEMENT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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