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BRIEF-Tiscali expects positive net profit for 2017
June 28, 2017 / 6:48 AM / 5 months ago

BRIEF-Tiscali expects positive net profit for 2017

June 28 (Reuters) - Tiscali SpA:

* ANNOUNCED ON TUESDAY A 13 MILLION EURO CAPITAL INCREASE RESERVED TO INSTITUTIONAL INVESTORS, OTKRITIE CAPITAL INTERNATIONAL LIMITED AND POWERBOOM INVESTMENT LIMITED (AN ICT GROUP COMPANY)

* ANNOUNCED 2017 OUTLOOK AND EXPECTS 2017 ORGANIC GROWTH OF TURNOVER COMPARED TO 2016: +5-8%

* SEES 2017 ORGANIC GROWTH OF EBITDA COMPARED TO 2016: +8-12%

* EXPECTS POSITIVE NET PROFIT FOR 2017

Source text: reut.rs/2tntvDh

Further company coverage: (Gdynia Newsroom)

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