News / A strong Q1 and Agility unfolds roadmap to more than double profits in next four years

09/05/2016

Agility today announced its first quarter results and extremely ambitious plans to more than double its EBITDA by 2020, according to CEO Tarek Sultan.

Agility’s first-quarter resulted in a net profit of KD13.1m ($43.4m), a 10.9% rise, on revenues which were down 6.1%, to KD298.8m ($991m), a decline “related to ...

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Jim Panse
May 10, 2016 at 6:34 am
I suggest you review the headline and first paragraph of your article again.
A targeted EBIDTA increase from around USD 90 million in a single quarter to USD 800 million in a full year (2020) is neither 800% nor “nearly tenfold”.

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- Alex Lennane
  May 10, 2016 at 8:48 am
  It is now corrected. And I am so embarrassed! I knew something was wrong. Thank you very much for pointing it out.
  
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