Brief: Deutsche Rohstoff posts Q1 group result of 5 mln euros

Deutsche Rohstoff AG

08/05/2017 16:25

May 8 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE : 
    * SLIGHTLY POSITIVE GROUP RESULT IN 2016 AND INCREASED 
DIVIDEND 
    * FY CONSOLIDATED NET PROFIT OF EUR 0.1 MILLION (PREVIOUS 
YEAR: EUR 0.5 MILLION) 
    * IN FINANCIAL YEAR 2016, SALES IN GROUP AMOUNTED TO EUR 9.2 
MILLION (PREVIOUS YEAR: EUR 1.9 MILLION) 
    * WILL PROPOSE A FURTHER INCREASED DIVIDEND OF EUR 0.60 PER 
SHARE 
    * IN Q1 OF 2017, GROUP GENERATED SALES OF EUR 21 MILLION, AN 
EBITDA OF EUR 17 MILLION AND A GROUP RESULT OF EUR 5 MILLION 
    * FOR FULL YEAR 2017, MANAGEMENT BOARD EXPECTS GROUP SALES 
OF EUR 55 TO 65 MILLION AS WELL AS AN EBITDA OF AT LEAST EUR 40 
MILLION 
    * WE ARE EXPECTING A SOLID PERFORMANCE IN 2017 AND A FURTHER 
INCREASE IN EARNINGS AND REVENUES FOR 2018 
 
Source text for Eikon:  ID:nEQ78z9Kx  
Further company coverage:  DR0G.DE  
 
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