Brief: Deutsche Rohstoff 9-mth EBIT at EUR 8.9 mln

Deutsche Rohstoff AG

20/11/2017 06:47

Nov 20 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE : 
    * SAID ON SUNDAY GENERATED SALES OF EUR 39.5 MILLION IN THE 
FIRST 
NINE MONTHS OF THE FINANCIAL YEAR (3^RD QUARTER: EUR 7.4 
MILLION) 
    * EBITDA INCREASED TO EUR 29.1 MILLION AFTER 9 MONTHS (3^RD 
QUARTER: EUR 5.6 MILLION) 
    * 9-MTH EBIT STANDS AT EUR 8.9 MILLION 
    * 9-MTH NET PROFIT AMOUNTS TO EUR 5.2 MILLION AFTER EUR 5.0 
MILLION IN THE FIRST HALF OF THE YEAR 
    * FOR THE FULL YEAR, THE MANAGEMENT BOARD NOW EXPECTS SALES 
OF 
AROUND EUR 50 MILLION (PREVIOUS FORECAST: EUR 55-65 MILLION) AND 
EBITDA OF EUR 35-37 MILLION (PREVIOUS FORECAST: EUR 40 MILLION) 
    * REASON FOR THE REVISION IS NEXT TO THE CONTINUOUSLY WEAK 
USD/EUR 
EXCHANGE RATE 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ7F1qc3a 
     
 Further company coverage:  DR0G.DE   
    
 
 
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