Denmark: Erria's results deteriorated

15.03.2017

Denmark: Erria's results deteriorated
Børsen, 15 Mar 2017, online:-
Danish shipping company Erria posted a negative EBITDA of DKK 732,000 (EUR 98,490.99 USD 105,121.89) in 2016 compared with DKK 4.6mn in 2015 and turnover declined by 15% to DKK 71.4mn. This was due to major decline in the company's activity. Erria expects turnover to reach DKK 90-95mn, which in turn is expected to push EBITDA to DKK 3-4mn.
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