CEVA Holdings LLC Results for the Full Year ended 31 December 2016
  • Revenue growth accelerating, up 4.3% in Q4 in constant currency
  • Adjusted EBITDA of $254 million, in line with PY in constant currency despite difficult peak season trading
  • Free cash flow of more than $100 million in Q4, driven by strong working capital improvement
  • Refinancing of 2018 maturities – launched exchange offer for 4% Notes earlier today with support already obtained from 65% of Noteholders and agreed extension of European ABS facility
  • Excellence program expected to drive better performance in 2017
Hoofddorp, the Netherlands, 9 March, 2017 – CEVA Holdings LLC (“CEVA” or the “Company”), one of the world’s leading non‐asset based supply chain management companies, today reported results for the full year ended 31 December, 2016.