Brief: Ceotronics FY result turns to profit of 1.25 million euros

Ceotronics Audio Video Data Communication AG

08/09/2017 10:54

Sept 8 (Reuters) - CEOTRONICS AG  CEKG.F : 
    * DIVIDEND PROPOSAL OF EUR 0.05 PER SHARE 
    * FY EBIT EUR 1,435 THOUSAND (PREVIOUS YEAR EUR -678 
THOUSAND), RESULT EUR 1,254 THOUSAND (PREVIOUS YEAR EUR -604 
THOUSAND) 
    * FY CONSOLIDATED SALES EUR 19.651 MILLION (+ 12.2%) 
    * EBITDA FOR FISCAL 2016/2017 AMOUNTS TO EUR 1,979 THOUSAND 
(PREVIOUS YEAR: EUR -106 THOUSAND) 
    * OUTLOOK 2017/2018: EXPECTS MODERATE SALES GROWTH WITH A 
STABLE POSITIVE GROUP RESULT 
    * OUTLOOK 2018/2019: SIGNIFICANT INCREASE IN SALES AND 
EARNINGS IS EXPECTED FROM THE FINANCIAL YEAR 2018/2019 
    * AIMS TO ACHIEVE GROUP TURNOVER GROWTH OF APPROX. EUR 25.0 
MILLION BY FY 2022/2023 WITH CORRESPONDINGLY HIGH POSITIVE GROUP 
RESULTS 
 
Source text for Eikon:  ID:nEQ8TVkk0a  
Further company coverage:  CEKG.F  
 
 (Gdynia Newsroom) 
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