Brief: Draegerwerk Q1 EBIT At Around EUR -11 Mln

Draegerwerk AG & Co KGaA

12/04/2019 12:18

April 12 (Reuters) - DRAEGERWERK AG & CO KGAA  DRWG_p.DE :
    * PRELIMINARY RESULT FOR THE FIRST QUARTER. NET SALES AND
EARNINGS
WITH SIGNIFICANT RISE OVER THE PRIOR YEAR'S FIGURES.
    * FOR FULL YEAR, DRAEGER CONTINUES TO EXPECT NET SALES
GROWTH (NET
OF CURRENCY EFFECTS) OF BETWEEN 1.0 AND 4.0 PERCENT AND AN
EBIT-MARGIN OF BETWEEN 1.0 AND 3.0 PERCENT
    * Q1 NET SALES INCREASED BY ROUGHLY 20.7 PERCENT NET OF
CURRENCY
EFFECTS (NOMINAL: 21.4 PERCENT) TO APPROXIMATELY EUR 602 MILLION
    * EBIT FOR Q1 AMOUNTED TO ROUGHLY EUR -11 MILLION (Q1 2018:
EUR
-39.8 MILLION)
    * Q1 ORDER INTAKE ROSE BY ROUGHLY 3.4 PERCENT NET OF
CURRENCY
EFFECTS (NOMINAL: 4.2 PERCENT) COMPARED TO Q1 LAST YEAR
    * SHARES UP 5.1 PERCENT AFTER PRELIM RESULTS

Source text for Eikon:  ID:nEQ425hZRa 
Further company coverage:  DRWG_p.DE 

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