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BRIEF-SEB Q4 revenue from continuing operations increased 94.4pct

Published 2017-03-31, 07:35 a/m
© Reuters.  BRIEF-SEB Q4 revenue from continuing operations increased 94.4pct
SEB
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March 31 (Reuters) - Smart Employee Benefits Inc SEB.V :

* SEB reports fourth quarter and full year results

* Smart Employee Benefits Inc - revenue from continuing operations for Q4 increased 94.4pct from $12.5 million to $24.3 million

* Smart Employee Benefits Inc - is expected by 2019 non-cash amortization costs will no longer be a material negative impact on earnings

* Smart Employee Benefits Inc - continued organic growth is expected in fiscal 2017

* Smart Employee Benefits Inc - corporate costs are declining and expected to decline further in fiscal 2017 as a % of revenue

* Smart Employee Benefits Inc - SEB consolidated is well positioned for growth in both revenue and cash flow in fiscal 2017 Source text for Eikon: ID:nMKWqxhHza Further company coverage: SEB.V

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