Italian media content and mobile value added service reseller Buongiorno has raised its revenue target for the entire year following good results of the first quarters this year. For 2006, the group expects to achieve revenues between EUR 195 million and EUR 205 million; the previous target was EUR 170 million to EUR 180 million. EBITDA is expected between EUR 22 million and EUR 24 million and EPS of EUR 0.14 to EUR 0.15, up from the previous target of EUR 0.13 to EUR 0.14. For 2007, Buongiorno forecasts revenues between EUR 230 million and EUR 250 million. EBITDA is expected to be between EUR 30 million and EUR 34 million, with EPS of EUR 0.25 to EUR 0.28.

Long-term objectives have also been raised: specifically, for 2010 the group’s target is to achieve revenues of over EUR 500 million, and EPS at Euro 0.6. Buongiorno will focus on the mobile Value Added Services (VAS)market, expanding the range, including services capable of facilitating interaction and community creation among end users.

Source- http://www.telecompaper.com

Technorati : Buongiorno, Italy, Mobile Content
Ice Rocket : Buongiorno, Italy, Mobile Content