CEVA Logistics AG: Q3 results impacted by signific...
(WorldNews Switzerland)

13-Nov-2018 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. Q3 results impacted by significant provisions in Italy - Plan to deepen strategic relationship with CMA CGM Baar, Switzerland, 13 November, 2018 - CEVA Logistics AG (`CEVA` or the `Company`) announced today its results for the third quarter and the first nine months ended 30 September 2018. - Revenue up 5% YTD in constant currency; good new business momentum - Adjusted EBITDA of USD 55 million for Q3 and USD 198 million YTD, down USD 27 million and USD 8 million respectively in constant currency mainly due to provisions for Italian...