Brief: Intica expects Q1 EBITDA around EUR 1.4 million
24/04/2017 08:15
April 24 (Reuters) - Intica Systems Ag IS7G.DE :
* Confirms this view and lifted group sales by around 9%
year-on-year to EUR 12.3 million ($13.33 million) in Q1 of 2017
(Q1 2016: EUR 11.3 million)
* FY net profit of EUR 0.3 million (2015: EUR 0.1 million)
* EBITDA is expected to be around EUR 1.4 million in Q1 of
2017, while EBIT should be around EUR 0.3 million
* At end of Q1 of 2017, orders on hand were well above
prior-year level at EUR 48 million (March 31, 2016: EUR 36.3
million)
* 83% of orders were for automotive technology segment
(March 31, 2016: 84%)
* Group sales will rise to around EUR 47 million to EUR 50
million in 2017 and EBIT margin will improve to around 3%
Source text for Eikon: ID:nEQBPcgM
Further company coverage: IS7G.DE
($1 = 0.9228 euros)
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