Brief: Vita 34 9-mth revenues up 16.9 pct to 12.0 million euros

FamiCord AG

21/11/2016 06:31

Nov 21 (Reuters) - Vita 34 AG  V3VGn.DE : 
    * Was able to increase revenues in first nine months of 2016 by 16.9 percent to 12.0 million 
euros ($12.72 million) (first 9 months 2015: 10.3 million euros) 
    * 9-month total operating revenue also increased by 16.9 percent to 13.3 million euros 
(first nine months 2015: 11.4 million euros) 
    * 9-month EBITDA totaled 1.6 million euros and was, therefore, nearly at prior year's level 
despite integration costs for newly acquired companies (first nine months 2015: 1.7 million 
euros) 
    * EBIDTA rose in annual comparison after rapid integration successes of subsidiaries 
    * Expects an EBITDA margin towards upper end of forecast range of 8-12 percent for full year 
    * A solid increase is also expected in revenues and total operating profit for full year 
 
Source text for Eikon:  ID:nEQ7hQXtZ  
Further company coverage:  V3VGn.DE  
 
($1 = 0.9431 euros) 
 
 (Gdynia Newsroom) 
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