Brief: Brunel International Q3 2016 revenue down 30 pct to 205 million euros, confirms outlook

Brunel International NV

04/11/2016 07:00

Nov 4 (Reuters) - Brunel International Nv  BRUN.AS :  
    * Brunel International: Q3 2016: Europe on track; energy 
still in decline 
    * Q3 2016 revenue down by 30 pct to 205 million euros  
($227.57 million) 
    * Q3 2016 gross profit down by 23 pct to 45 million euros 
    * Q3 2016 EBIT down 46 pct to 8 million euros 
    * Outlook for full year remains unchanged 
    * Expect FY  revenue between 850 million euros and 900 
million euros and EBIT, excluding restructuring cost, between 30 
million and 35 million euros 
    * "I don't expect recovery in oil & gas market soon, but we 
will become more successful in other markets. Our strong 
performance in Europe makes me more optimistic for next year" - 
CEO 
 
Source text for Eikon:  ID:nGNEmvNxn  
Further company coverage:  BRUN.AS  
 
($1 = 0.9008 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))