Dalata Ltd. has refinanced its EUR 9 million debt with Ulster Bank. The borrowings were due to be repaid on December 31, 2012 but Dalata had agreed a three-year extension out to 2015.

The company provided earnings guidance for 2012. For the period, the company reported that EBITDA (earnings before interest, tax, depreciation and amortisation) was on target to increase by 60% to about EUR 3.05 million.