February 23, 2018 / 3:12 AM / 9 months ago

BRIEF-Northland Power ‍Sales Increased From $1.1 bln In 2016 To $1.4 bln In 2017​

Feb 22 (Reuters) - Northland Power Inc:

* NORTHLAND POWER DELIVERS EXCELLENT 2017 RESULTS WITH GROSS PROFIT UP 37% AND ADJUSTED EBITDA UP 22%

* ‍SALES INCREASED 25% FROM $1.1 BILLION IN 2016 TO $1.4 BILLION IN 2017​

* ‍IN 2018, MANAGEMENT EXPECTS ADJUSTED EBITDA TO BE IN RANGE OF $860 TO $930 MILLION​

* ‍IN 2018, MANAGEMENT EXPECTS FREE CASH FLOW PER SHARE TO BE IN RANGE OF $1.70 TO $2.00 PER SHARE​

* QTRLY SALES $394.6 MILLION VERSUS $478.5 MILLION ‍​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below