Silmäasema provides guidance on adjusted EBITDA for 2018

Silmäasema provides guidance on adjusted EBITDA for 2018

Silmäasema Oyj                
Stock Exchange Release                       
12 April 2018 at 09:00 a.m. EEST

Silmäasema Oyj complements the outlook for 2018 provided on 7 March 2018. In addition to the net sales guidance, Silmäasema provides guidance on adjusted EBITDA. Silmäasema's adjusted EBITDA is estimated to be 9-13 percent of net sales.

 

Previous outlook for 2018, provided on 7 March 2018

Silmäasema's net sales are estimated to grow compared to the previous year.

In 2017, Silmäasema's net sales were EUR 118.3 million.

 

New outlook for 2018, provided on 12 April 2018

Silmäasema's net sales are estimated to grow compared to the previous year. In 2017, the company's net sales were EUR 118.3 million.

Silmäasema's adjusted EBITDA is estimated to be 9-13 percent of net sales.

Additional information

Pasi Kohmo, CEO, tel. +358 50 331 7015
Anu Kankkunen, CFO, tel. +358 50 669 69
Tuukka Hirvonen, Head of Communications and Investor Relations, tel. +358 50 416 7700

SILMÄASEMA OYJ

Pasi Kohmo
CEO

Tuukka Hirvonen
Head of Communications and Investor Relations

Silmäasema is a Finnish company, which offers all products and services for optical retail and eye healthcare nationwide. Silmäasema is the largest private eye clinic provider offering eye surgeries and the second largest optical retail chain in Finland. The Silmäasema chain has over 150 stores and 14 eye clinics in Finland as well as ten stores in Estonia. The Silmäasema chain employs close to 1,000 eye healthcare professionals. Silmäasema's Group net sales were EUR 118.3 million in 2017 and adjusted EBITDA was EUR 11.8 million.