Brief: Vita 34 H1 net result swings to loss of EUR 1.0 mln

FamiCord AG

30/08/2017 06:15

Aug 30 (Reuters) - VITA 34 AG  V3VGn.DE : 
    * H1 REVENUE INCREASED BY 2.5 PERCENT AND GROSS PROFIT BY 14 PERCENT AS COMPARED WITH H1 
2016 
    * PROFIT BURDENED THIS YEAR BY ONE-TIME EFFECT OF SERACELL ACQUISITION 
    * H1 GROSS PROFIT FROM SALES INCREASED BY 14 PERCENT TO EUR 4.6 MILLION (H1 2016: EUR 4.0 
MILLION) 
    * IN FIRST SIX MONTHS REVENUES ROSE TO NEARLY EUR 8.2 MILLION 
    * OUTLOOK 2017: EXPECTS REVENUES OF EUR 18.9 TO 19.4 MILLION (TO DATE: EUR 17.4 TO 17.9 
MILLION) 
    * OUTLOOK 2017: EXPECTS EBITDA OF EUR 1.6 TO 1.9 MILLION (TO DATE: EUR 2.6 TO 2.7 MILLION) 
    * PERIOD RESULT IN FIRST HALF-YEAR 2017 DECREASED TO EUR -1.0 MILLION (H1 2016: EUR 0.1 
MILLION) 
    * FROM 2018 ONWARD WE EXPECT NO FURTHER PROFIT BURDENING SPECIAL EFFECTS FROM ACQUISITION OF 
SERACELL 
 
Source text for Eikon:  ID:nEQ4Qxqkta  
Further company coverage:  V3VGn.DE  
 
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