FORECAST EBITDA
  Definition
  
The forecast EBITDA is a consensus estimate based on the median of broker analysts' forecasts. The year displayed depends on the fiscal year.

We look to the end of the company's fiscal year in order to establish which fiscal year applies. We use the following rule : if a company's fiscal years ends between July of year N to July of year N+1, the fiscal year remains N. In July of the year N+1 the fiscal year switches to N+1, until July N+2.


Example :

For a company, the fiscal year which range from the January 1st , 2007 to December 31th 2007, is 2007.
If a fiscal year ranges from March 1st 2005 to February 31th 2006, the FY is 2005.



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