Brief: Edding FY EBIT Stable At EUR 12.0 Million

edding AG

29/03/2018 10:11

March 29 (Reuters) - EDDING AG  EDDG_p.F :
    * FY GROUP SALES OF EUR 148.4 MILLION (PREVIOUS YEAR: EUR
143.0
MILLION)
    * FOR 2018, WE ARE CURRENTLY EXPECTING REVENUES OF EUR 150.0
MILLION TO EUR 160.0 MILLION AT GROUP LEVEL
    * FY NET INCOME OF PARENT COMPANY LOWER AT EUR 5.6 MILLION
THAN IN
THE PREVIOUS YEAR (EUR 7.1 MILLION)
    * GROUP EBIT FOR 2018 IS EXPECTED IN THE RANGE OF EUR 11.0
TO 14.0
MILLION
    * FY CONSOLIDATED EARNINGS (EBIT) EXPECTED AT EUR 12.0
MILLION,
JUST ABOVE THE PREVIOUS YEAR (EUR 11.8 MILLION)
    * PROPOSED DIVIDEND UNCHANGED: EUR 2.15 PER PREFERRED SHARE
AND
EUR 2.10 PER ORDINARY SHARE.
    * FOR 2018, IN INDIVIDUAL FINANCIAL STATEMENTS OF EDDING AG,
FORECASTS EARNINGS OF BETWEEN EUR 5.0 AND 7.0 MILLION

Source text for Eikon:  ID:nEQb9bPSca 
Further company coverage:  EDDG_p.F 

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