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BRIEF-Mondadori FY net result swings to profit 0.6 mln euros
March 12, 2015 / 1:51 PM / 3 years ago

BRIEF-Mondadori FY net result swings to profit 0.6 mln euros

March 12 (Reuters) - Arnoldo Mondadori Editore SpA :

* Reports full year consolidated net revenue of 1,177.5 million euros ($1.25 billion), down 7.7 pct year on year

* Full year consolidated EBITDA is 67.1 million euros compared to negative EBITDA of 12.8 million euros recorded in 2013

* Full year consolidated net profit is 0.6 million euros against a loss of 185.4 million euros recorded in 2013

* Says 2015-2017 three-year span revenues are expected to increase from 0.5 pct to 1.5 pct on an average yearly basis and profitability from 10 pct to 15 pct

* Says EBITDA projections for 2015 are significant growth and net financial position up again against 2014 Source text for Eikon: bit.ly/1AoUXru Further company coverage: ($1 = 0.9408 euros) (Gdynia Newsroom)

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