Brief: Kromi Logistik H1 net result swings to profit of EUR 356,000

KROMI Logistik AG

15/02/2017 07:03

Feb 15 (Reuters) - Kromi Logistik AG  K1RG.DE : 
    * For financial year 2016/2017, managing board is assuming revenue growth in mid-single 
digits 
    * H1 revenue raised to 33.981 million euros ($35.93 million) (previous year: 32.927 million 
euros) 
    * H1 operating result (EBIT) of 705,000 euros generated 
    * H1 gross profit margin increased to 25.2 percent (previous year: 24.0 percent) 
    * Bottom line net profit of 356,000 euros; in reporting period 2015/2016, Kromi Logistik had 
posted net loss of 694,000 euros 
    * We were able to maintain revenue at a high level in our home market. Growth in 
international markets was very pleasing, especially in Brazil, CEO 
 
Source text for Eikon:  ID:nEQ6Pwb0h  
Further company coverage:  K1RG.DE  
 
($1 = 0.9458 euros) 
 
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