Brief: Manitou FY EBITDA Up At ‍​124 Million Euros

Manitou Bf SA

06/03/2018 17:10

March 6 (Reuters) - MANITOU BF SA  MANP.PA :
    * FY EBITDA EUR ‍​124 MILLION VERSUS EUR 99 MILLION YEAR AGO
    * FY NET SALES EUR 1.59 BILLION VERSUS EUR 1.33 BILLION YEAR
AGO
    * FY NET INCOME GROUP SHARE EUR 60.0‍​ MILLION VERSUS EUR
42.9
MILLION YEAR AGO
    * IN 2018, EXPECTS REVENUE GROWTH AT CONSTANT EXCHANGE RATES
OF
OVER 10 PCT‍​
    * TO PROPOSE DIVIDEND OF EUR 0.62 PER SHARE‍​
    * ANTICIPATES INCREASE IN SALES ABOVE 10 PERCENT FOR 2018
    * IN 2018, EXPECTS OPERATING MARGIN IMPROVEMENT IN THE ORDER
OF 50
BASIS POINTS
    * IMPROVES GOAL OF RECURRING OPERATING INCOME RATE HIGHER
THAN 8
PERCENT OF NET SALES FOR 2022

Source text: http://bit.ly/2oMbDxO
Further company coverage:  MANP.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))