Sepura confirmed adjusted EBITDA in the year to Mar 2016 will be €17m. Net debt is expected to be €119m and discussions with the banks are ongoing. The group commenced discussions with major shareholders regarding an equity capital raise of up to £50m. Our forecasts are currently under review and we expect to issue revised forecasts shortly as we waited for confirmation of the year end position of the group. The market backdrop and fundamental market position of the company remain attractive and ....
27 Apr 2016
Confirms €17m EBITDA, in talks to secure appropriate capital structure
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Confirms €17m EBITDA, in talks to secure appropriate capital structure
Sepura confirmed adjusted EBITDA in the year to Mar 2016 will be €17m. Net debt is expected to be €119m and discussions with the banks are ongoing. The group commenced discussions with major shareholders regarding an equity capital raise of up to £50m. Our forecasts are currently under review and we expect to issue revised forecasts shortly as we waited for confirmation of the year end position of the group. The market backdrop and fundamental market position of the company remain attractive and ....