Brief: Fortec Elektronik 9-Month Net Income At EUR 4.3 Mln

Fortec Elektronik AG

29/05/2019 07:34

May 29 (Reuters) - FORTEC ELEKTRONIK AG  FEVG.DE :
    * STRONG THIRD QUARTER IN BUSINESS YEAR 2018/2019 - FORTEC
ELEKTRONIK AG INCREASES SALES REVENUES BY 13.1% TO 67.0 MIO.
EURO
    * 9-MONTH CUMULATED EBIT INCREASED TO 6.1 MILLION EUROS (PY:
4.8
MILLION EUROS)
    * 9-MONTH NET INCOME WAS 4.3 MILLION EUROS (PY: 3.3 MILLION
EUROS)
    * CONFIDENT ABOUT 2019 SALES REVENUE FORECAST
    * OUTLOOK 2018/2019: EXPECTS ORGANIC REVENUE GROWTH IN
MIDDLE
SINGLE-DIGIT RANGE
    * OUTLOOK 2018/2019: EXPECTS PLUS 6 MILLION EUROS REVENUE
FROM
ACQUIRED UK COMPANIES
    * OUTLOOK 2018/2019: ENHANCES OUR EBIT FORECAST TO APPROX.
7.5
MILLION EUROS

Source text for Eikon:  ID:nEQY7sJja 
Further company coverage:  FEVG.DE 

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