Brief: AMAG Austria Metall 9-mth income after taxes up to EUR 38.5 mln
03/11/2016 06:31
Nov 3 (Reuters) - AMAG Austria Metall AG AMAV.VI :
* FY 2016 earnings forecast raised
* 9-month net income after taxes up 15 percent to 38.5 million euros ($42.80 million)
* 9-month revenue of 687.1 million euros down 2 percent year-on-year due to aluminium price
* Expects EBITDA for AMAG Group of around 135 million euros for 2016 financial year, thereby
again upgrading its earnings forecast compared with its H1 2016 report
* Operating profit (EBIT) of AMAG Group amounted to 58.6 million euros in first nine months
of year, up 17 percent yoy
Source text for Eikon: ID:nEuKC21a
Further company coverage: AMAV.VI
($1 = 0.8994 euros)
(Gdynia Newsroom)
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