Brief: EDAG Engineering sees FY growth in revenues of up to 5%

EDAG Engineering AG

17/08/2017 07:00

Aug 17 (Reuters) - EDAG ENGINEERING GROUP AG  ED4.DE : 
    * EDAG ENGINEERING GROUP AG: POSITIVE REVENUES FORECAST FOR 2017, GOOD CASH-FLOW DEVELOPMENT 
IN H1 
    * REVENUES IN FIRST SIX MONTHS OF BUSINESS YEAR WERE AT 351.4 MILLION EUROS AFTER 362.6 
MILLION EUROS IN PREVIOUS YEAR 
    * H1 ADJUSTED EBIT LEVELLED AT 14.2 MILLION EUROS (PREVIOUS YEAR: 22.5 MILLION EUROS) 
    * FOR FULL YEAR, A POSITIVE REVENUE DEVELOPMENT IS EXPECTED 
    * EXPECTS A GROWTH IN REVENUES OF UP TO 5% AND AN ADJUSTED EBIT-MARGIN OF 4-6% FOR FULL YEAR 
 
Source text for Eikon:  ID:nEQ1j7DgKa  
Further company coverage:  ED4.DE  
 
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