Myriad Group AG announces preliminary results for 2014 Dienstag, 24. Februar 2015 - 06:30
Myriad Group AG announces preliminary results for 2014
ZURICH, Switzerland – 24th February 2015 – Myriad Group AG (SIX Swiss Exchange: MYRN) today announces its preliminary, unaudited results for the full year 2014.
Following a preliminary review of the 2014 figures, and subject to finalization of the year end audit, the company expects the following outcome for the year:
- Total revenue of USD 40.2m (FY 2013: USD 43.2 m)
- EBITDA USD 11.1m to USD 12.8m (FY 2013: USD 14.2m loss)
- Adjusted EBITDA1 USD 7.5m to USD 7.8m (FY 2013: USD 2.9m loss)
- IFRS Profit from operations USD 7.3m to USD 9.0m (FY 2013: USD 39.9m loss)
- Cash as at 31 December 2014 USD 23.1m (FY 2013: USD 12.0m)
Stephen Dunford, CEO of Myriad Group AG, commented: “2014 has been a very successful year with a number of achievements contributing to the significant improvement in profitability of the Group. These include the conclusion of the major restructuring operation announced at the end of 2013, the resolution of a number of legacy legal cases and the strong performance of our Mobile Services and Device Solutions business units. We start 2015 with a solid foundation from which we can invest in the growth of our exciting product portfolio”
Final Release of Myriad’s FY 2014 Results
Myriad will release these as planned on 11 March 2015.
Information on Myriad’s FY 2014 Earnings call
Myriad will present its Fiscal Year 2014 results to members of the media, investors and analysts on 11 March 2015 at 18:30 CET. There will be a presentation by Stephen Dunford (CEO) and Richard Francis (CFO), followed by a Q&A.
Details of how to join the call are below:
UK Toll-Free Access Number: | 0808 237 0030 | |
UK Toll Access Number: | 0203 139 4830 | |
Direct DDI (s) for Participant Connection | SWITZERLAND Toll-Free Access Number: | 0800 423 452 |
SWITZERLAND Toll Access Number: | 0445 800 083 | |
ITFS List for Participant Connection | http://wpc.1726.planetstream.net/001726/FEL_Events_International_Access_List.pdf | |
Participant Pin Code | 21503647# | |
Audience URL | ||
-ENDS-
