Report

Flash note: Potential offer in the wings

In twin announcements, Powerflute has indicated that management expectations are for FY15 EBITDA in the €53-55m range and the company has received a preliminary proposal of a potential offer for the company. The offer is subject to further due diligence, among other things, and there is no certainty that an offer will be made. We have withdrawn our estimates pending further announcements on this matter.
Underlying
Powerflute Oyj

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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