Bilia complements the financial targets with a tar
Post# of 301275
Posted On: 10/07/2016 8:15:15 AM
Bilia complements the financial targets with a target for net debt
Gothenburg, Sweden, 2016-10-07 14:00 CEST (GLOBE NEWSWIRE) --
Bilia’s board has today decided:
Operating result plus depreciation (EBITDA) in relation to net debt should long term not exceed 2.0 times.
In the report for the first six months of 2016 net debt amounted to SEK 663 M and EBITDA, rolling 12 months, amounted to SEK 1,009 M. Net debt in relation to EBITDA thus amounted to 0.7 times.
Gothenburg, 7 October 2016
Bilia AB (publ)
For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46-31-709 55 00.
(0)
(0)Scroll down for more posts ▼