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2014-11-27 12:00:00 CET 2014-11-27 12:00:03 CET REGULATED INFORMATION Ixonos - Company AnnouncementIxonos updates its guidanceHelsinki, Finland, 2014-11-27 12:00 CET (GLOBE NEWSWIRE) -- Ixonos Plc Stock Exchange Release 27 November 2014 at 13:00 Ixonos updates its guidance Due to lower than expected revenue in Europe and projects being postponed the company's updated revenue forecast for 2014 is EUR 23-25 million. Due to this the EBITDA for the second half of the year is expected to turn negative. Previously the company expected the revenue for 2014 to be EUR 24-26 million and the EBITDA for the second half of the year to be positive. The company has also agreed with Turret Oy, a related party, to postpone the payback of the EUR 1,3 million short term loan. Ixonos Plc Additional Information: Ixonos PLC, Esa Harju, CEO, tel. +358 40 844 3367, esa.harju@ixonos.com Ixonos PLC, Mikael Nyberg, CFO, tel. +358 40 501 4401, mikael.nyberg@ixonos.com Distribution: NASDAQ OMX Helsinki Main Media www.ixonos.com |
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