ENTREC Corporation Provides Capital Expenditure Guidance for the Year 2013; Provides Earnings Guidance for the Year 2014
The company expects 2014 capital expenditure program of $46 million. The company estimates revenue for the year ending December 31, 2014 could range between $250 and $270 million. This compares to estimated revenue of approximately $213 million for the year ended December 31, 2013. The company estimates its overall adjusted EBITDA margin for fiscal 2014 could approximate 25%. Consistent with the upward trend in revenue, the company believes its adjusted EBITDA margin will also increase as the year progresses.