Brief: DMG Mori Raises FY Revenue And Earnings Outlook After H1 Results

DMG Mori AG

26/07/2018 06:59

July 26 (Reuters) - DMG Mori AG  GILG.DE :
    * H1 SALES OF € 1,215.1 MILLION UP 10% ON THE PREVIOUS YEAR (€ 1,108.0 MILLION)
    * H1 ORDER INTAKE INCREASES BY 14% TO € 1,577.1 MILLION (PREVIOUS YEAR: € 1,384.2 MILLION)
    * H1 EBIT INCREASES BY 20% TO € 93.0 MILLION (PREVIOUS YEAR: € 77.6 MILLION)
    * ORDER BACKLOG AMOUNTED TO € 1,658.5 MILLION AS OF JUNE 30, 2018 (DECEMBER 31, 2017: €
1,309.1
MILLION)
    * OUTLOOK 2018: NOW SEES SALES OF AROUND € 2.55 BILLION (PREVIOUSLY: AROUND € 2.45 BILLION)
    * 2018 EBIT IS EXPECTED TO BE AROUND € 200 MILLION
    * OUTLOOK 2018: STILL PLANS NEW ORDERS OF AROUND € 2.7 BILLION

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