Eltel’s Q4 and FY 2016 operative EBITA significantly below previous guidance – Q4 report to be published one day earlier
On 26 January 2017, Eltel estimated that Group’s full-year 2016 operative EBITA would be in the range EUR 17-22 million and EUR 0-6 million in the fourth quarter 2016. Based on conclusions in the conducted investigation of certain projects, led by a team of external auditors, required provisions are significantly higher than previously estimated. Consequently, Group’s full-year 2016 operative EBITA is expected to be in the range EUR 0-3 million.Due to these circumstances, Eltel will publish its full-year 2016 and fourth quarter interim report one day earlier than communicated, on Tuesday 21