Boulder Brands Aktie
WKN DE: A1KA97 / ISIN: US1014051080
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23.12.2013 19:00:00
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Boulder Brands, Inc -- Moody's Says Boulder Brands' Acquisition of EVOL Weakens Credit Metrics in the Near Term
New York, December 23, 2013 -- Moody's Investors Service ("Moody's") stated today that Boulder Brands, Inc.'s ("Boulder Brands") acquisition of EVOL for $48 million will weaken credit metrics in the near term, as EVOL is not expected to be a meaningful source of earnings over the next 12 to 18 months. Boulder-based EVOL manufactures and markets a line of premium frozen convenience foods including burritos, bowls, quesadillas and skillet meals and posted sales of approximately $17 million in 2013 and an EBITDA loss of approximately $0.5 million.
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