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BRIEF-Ontex Group Q1 adjusted EBITDA at 70.0 million euros
May 10, 2017 / 5:13 AM / 4 months ago

BRIEF-Ontex Group Q1 adjusted EBITDA at 70.0 million euros

May 10 (Reuters) - Ontex Group Nv:

* Q1 ADJUSTED EBITDA EUR 70.0 MILLION VERSUS EUR 68.6 MILLION IN REUTERS POLL

* Q1 REVENUE EUR 556.9 MILLION VERSUS EUR 547 MILLION IN REUTERS POLL

* WE HAVE MADE A POSITIVE START TO 2017, WHICH ALLOWS US TO MAINTAIN OUR EXPECTATION TO GROW REVENUE AHEAD OF OUR MARKETS IN ALL DIVISIONS FOR FULL YEAR

* CONTRIBUTION FROM ONTEX BRAZIL ACQUISITION WILL ALSO DRIVE GROUP REPORTED REVENUE GROWTH IN 2017

* WE REMAIN COMMITTED TO MODEST MARGIN EXPANSION OVER TIME. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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