Brief: Jost Werke Q2 Adjusted EBIT Up At EUR 22.7 Mln

Jost Werke SE

22/08/2019 07:09

Aug 22 (Reuters) - JOST WERKE AG  JSTG.DE :
    * INCREASES SALES AND EARNINGS IN SECOND QUARTER
    * Q2 ADJUSTED EBIT RISES BY 6.6% TO EUR 22.7 MILLION
    * Q2 ADJUSTED EBIT MARGIN REMAINS STABLE AT 11.2%
    * GROUP OUTLOOK CONFIRMED: SALES AND ADJUSTED EBIT EXPECTED
TO
RISE BY LOW SINGLE-DIGIT PERCENTAGE COMPARED TO 2018
    * Q2 SALES INCREASE BY 5.7% TO EUR 201.8 MILLION
    * LARS BRORSEN WILL HAND OVER POSITION OF CEO TO JOACHIM
DÜRR
EFFECTIVE OCTOBER 1, 2019
    * Q2 PROFIT AFTER TAXES DECREASED TO EUR 9.1 MILLION IN (Q2
2018:
EUR 22.7 MILLION)

Source text for Eikon:  ID:nEQ9cY7ywa 
Further company coverage:  JSTG.DE 

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