Ixonos’ financial loans include covenants for which financiers have renewed the waiver for premature payback of loans until 31.12.2013.
The company has also secured a loan agreement for short term debt with Oy Turret Ab. The loan agreement enables, if necessary, additional financing for a maximum of 2.5 million Euros until end of 2013.
FUTURE PROSPECTS UNCHANGED
Ixonos keeps the guidance for 2013 unchanged: Estimated turnover for 2013 to be in the range of EUR 40–50 million. EBITDA for the entire year is expected to be positive, and EBIT in the second half-year is estimated to be better than in the first half.
The interim report for the period 1 April – 30 June 2013 will be published on 6 August 2013.
IXONOS PLC
Board of Directors
For more information, please contact:
Ixonos Plc
Esa Harju, President and CEO, tel. +358 40 844 3367, esa.harju@ixonos.com
Teppo Talvinko, CFO, tel. +358 40 715 3660, teppo.talvinko@ixonos.com
