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Technology Stocks : Energis PLC (ENGSY)

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To: 2brasil who wrote (18)	5/28/1998 6:36:00 PM
From: Pryderi	Read Replies (1) of 33

Energis earnings announced. from Energis web site Turnover up 73% to œ167.9 million EBITDA (earnings before interest, tax, depreciation and amortisation) œ16.1 million positive (1996/97 œ14.3 million negative) EBIT (earnings before interest and tax) œ33.9 million loss (1996/97 œ54.1 million loss) Commenting, Mike Grabiner, Chief Executive of Energis plc, said: "Energis continued to make rapid progress, increasing turnover by 73% to œ167.9 million, and delivering œ16.1 million positive EBITDA against a negative of œ14.3 million the year before.Revenues from higher margin, advanced services grew faster at 82% reflecting the capabilities and service quality for which Energis and its network are designed. Our flotation last December delivered net proceeds of œ202 million and did much to raise Energis's profile in the UK business telecoms market. energis.co.uk

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