April 26, 2018 / 12:51 PM / 3 months ago

BRIEF-Broadcaster CME sees core profit growing 14-16 pct in 2018

April 26 (Reuters) - Central European Media Enterprises Ltd :

* BROADCASTER CME SAYS FOR CONTINUING OPERATIONS EXPECTS OIBDA GROWTH OF 14% - 16% AT CONSTANT EXCHANGE RATES IN 2018

* BROADCASTER CME SAYS FOR CONTINUING OPERATIONS EXPECTS UNLEVERED FREE CASH FLOW GROWTH OF 20% - 25% AT ACTUAL RATES IN 2018

* BROADCASTER CME SAYS CASH PAID FOR INTEREST AND GUARANTEE FEES IN 2018 EXPECTED TO BE AROUND US$ 35 MILLION

* BROADCASTER CME SAYS CASH PAID FOR INCOME TAXES IN 2017 WAS US$ 15 MILLION, AND WE EXPECT THAT TO INCREASE SIGNIFICANTLY IN 2018

* BROADCASTER CME SAYS CAPITAL EXPENDITURES EXPECTED TO BE SIMILAR TO 2017, WHICH WAS US$ 25 MILLION Source text for Eikon: Further company coverage: (Reporting By Jason Hovet)

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