Reuters logo
BRIEF-Czech firm Pegas confirms 2017 EBITDA outlook at 43-50 mln euros
November 16, 2017 / 7:12 AM / a month ago

BRIEF-Czech firm Pegas confirms 2017 EBITDA outlook at 43-50 mln euros

Nov 16 (Reuters) - Pegas Nonwovens Sa

* confirms 2017 outlook for earnings before interest, taxes, depreciation and amortisation (EBITDA) at 43-50 million euros

* in the third quarter, EBITDA dropped by 9 percent year-on-year to 10.3 million euros due to the effect of the polymer price pass-through mechanism

* the artificial textile maker reports third quarter revenues rose by 9 percent to 55.7 million euros

* net profit falls by 87 percent to 0.7 million euros in the third quarter mainly due to unrealised foreign exchange changes booked in the compared periods Further company coverage: (Prague bureau)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below