Brief: Draegerwerk sees lower 2018-19 Ebit margin, 5-7 pct in 2017

Draegerwerk AG & Co KGaA

10/11/2017 17:50

Nov 10 (Reuters) - Draegerwerk AG & Co KGaA  DRWG_p.DE  
    * Says Draeger increases investments to support mid-term 
growth 
    * Says in 2017, net sales are set to grow by 0 to 3 percent 
(net 
of currency effects), with an Ebit margin between 5 and 7 
percent 
    * Says for 2018, company expects to see stronger net sales 
growth 
(net of currency effects) of 2 to 5 percent 
    * Says to make this growth possible, company is focusing on 
continued strict cost management 
    * Says anticipates an Ebit margin between 4 and 6 percent 
in 2018 
and probably also in 2019 
 
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