Brief: Elumeo group sales increase by 1.9 pct in April and May

Elumeo SE

21/06/2016 07:49

June 21 (Reuters) - Elumeo Se  ELBG.DE  
    * Elumeo off to a good start to the second quarter of 2016 
    * In view of how sales have developed, we are confident that 
consolidated sales for Q2 of 2016 will not be significantly 
lower than in prior-year period 
    * In April and May 2016, group sales increased by 1.9 pct to 
12.3 million euros ($13.94 million) after 12.0 million euros in 
to same period of last year 
    * Due to quite gratifying higher share of higher-priced 
products, we probably won't be able to maintain gross margin at 
same level as in Q2 of 2015 in Q2 of 2016 at group level 
 
Source text for Eikon:  ID:nEQ3X9tR3a  
Further company coverage:  ELBG.DE  
 
($1 = 0.8821 euros) 
 
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