Brief: EDAG Engineering Group Raises FY Revenue Guidance After 9-Mth Results

EDAG Engineering AG

16/10/2018 11:02

Oct 16 (Reuters) - EDAG Engineering Group AG  ED4.DE :
    * DGAP-ADHOC: EDAG ENGINEERING GROUP AG: INCREASE OF REVENUE GUIDANCE AFTER STRONG NINE
MONTH
RESULTS
    * REVENUES OF ABOUT 588 MILLION EUROS IN FIRST NINE MONTH OF 2018
    * ADJUSTED EBIT IN FIRST NINE MONTH OF 2018 LEVELLED AT ABOUT 37.5 MILLION EUROS
    * GUIDANCE FOR ADJUSTED EBIT-MARGIN REMAINS UNCHANGED AT APPROXIMATELY 5-7%
    * NOW EXPECTED THAT REVENUES FOR FY WILL INCREASE BY AT LEAST 8% (BEFORE: 6-8%)

Source text for Eikon:  ID:nEQ3ssWp6a 
Further company coverage:  ED4.DE 

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