Brief: EDAG Engineering Group Q1 Adj EBIT Down At EUR 11 Mln

EDAG Engineering AG

08/05/2019 06:42

May 8 (Reuters) - EDAG Engineering Group AG  ED4.DE :
    * : INCREASE IN REVENUES AND STRONG ORDER INTAKE IN Q1 2019
    * REVENUES IN FIRST THREE MONTHS INCREASED BY 2.2% TO EUR 197.9 MILLION (PREVIOUS YEAR: EUR
193.7
MILLION)
    * Q1 ORDERS WORTH EUR 288 MILLION WERE WON, AN INCREASE OF 12.5% OVER PREVIOUS YEAR
    * Q1 ADJUSTED EBIT WAS AT EUR 11 MILLION (PREVIOUS YEAR: EUR 13.7 MILLION)
    * OUTLOOK 2019: INCREASE IN REVENUES OF UP TO 5% AND AN ADJUSTED EBIT-MARGIN AT LOWER END OF
5-7%
IS EXPECTED

Source text for Eikon:  ID:nEQ1cZZKla 
Further company coverage:  ED4.DE 

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