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HNL — Hoenle AG News Story

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Brief: Dr Hoenle Q1 sales down 2 pct at 22.18 million euros

Feb 22 (Reuters) - Dr Hoenle AG  HNLG.DE : 
    * Q1 earnings before tax stood at 2.159 million euros (py: 
2.687 million euros) and consolidated net income amounted to 
1.503 million euros (py: 1.878 million euros) 
    * Q1 sales revenues of 22.180 million euros, which 
corresponds to a 2.0 pct decrease year-on-year 
    * Q1 EBIT of 2.228 million euros was below prior-year's 
figure of 2.788 million euros 
    * Looking ahead, management board expects a clear 
improvement in business development in all segments, 
particularly in third and fourth quarters 
    * Continues to expect sales revenue of between 95 million 
euros and 105 million euros for Hoenle Group in financial year 
2016/2017 and an operating result of between 14 million and 16 
million euros 
 
Source text for Eikon:  ID:nPexLwlnQa  
Further company coverage:  HNLG.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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