Brief: Aumann Q1 Adjusted EBIT At EUR 7.5 Mln

Aumann AG

14/05/2018 09:16

May 14 (Reuters) - AUMANN AG  AAGG.DE :
    * GROWS REVENUES BY 25% AND ORDER INTAKE BY 51% IN FIRST
QUARTER
2018
    * SAYS Q1 REVENUES GREW BY 25.3 % IN Q1 2018 TO EUR 63.2
MILLION.
    * ADJUSTED EBIT IN FIRST THREE MONTHS REACHED EUR 7.5
MILLION,
CORRESPONDING TO AN EBIT MARGIN OF 11.9 %
    * SAYS Q1 ORDER INTAKE INCREASED BY 50.9 % TO EUR 72.4
MILLION OF
WHICH 43.5 % WERE IN E-MOBILITY SEGMENT
    * SAYS WITH EUR 102.6 MILLION IN CASH AND AN EQUITY RATIO OF
52.8%, COMPANY HAS PLENTY RESOURCES FOR INVESTMENTS
    * SAYS IN 2018, AUMANN EXPECTS TO GROW REVENUES TO MORE THAN
EUR
300 MILLION AND ADJUSTED EBIT TO BETWEEN EUR 28 AND EUR 31
MILLION

Source text for Eikon:  ID:nEQ2576Jka 
Further company coverage:  AAGG.DE 

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