Brief: EDAG Engineering Group FY prelim net income down at EUR 36.3 mln
17/03/2016 07:48
March 17 (Reuters) - EDAG Engineering Group AG ED4.DE :
* FY EBIT adjusted for PPA and other special items up by 37 pct to 72.9 million euros
($81.98 million), again clearly higher than 2014 (53.2 million euroa)
* FY preliminary net income of 36.3 million euros was lower than in 2014 (59.9 million
euros)
* To recommend a dividend payment of 0.75 euro per share
* Says company still expects a moderate growth of adjusted EBIT for year 2016 in comparison
to 2015
* At beginning of year 2016, demand for ESP (Engineering Service Provider) was still
cautious, so that company expects an increase in sales in a range of 7 pct - 10 pct
Source text for Eikon: ID:nEQ9Xzg2xa
Further company coverage: ED4.DE
($1 = 0.8893 euros)
(Gdynia Newsroom)
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