BRIEF-Velcan comments on FY 2016 outlook from Brazilian operations

lunes 25 de enero de 2016 02:06 GYT
 

Jan 25 (Reuters) - Velcan SA :

* Announces high production and lower regulatory risk in Brazil

* 2016 EBITDA from Brazilian operations should be 11.5 million Brazilian real ($2.81 million)

* For FY 2016, Velcan expects that turnover from its Brazilian operations will be above BRL 13.6 million Source text for Eikon: Further company coverage: ($1 = 4.0946 Brazilian reais) (Gdynia Newsroom)