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MTU — Manitou Bf SA News Story

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IndustrialsAdventurousMid CapSuper Stock

Manitou: best day in 9-1/2 yrs on solid outlook

** Shares in French holding  MANP.PA  spiked 12.5 pct on
record FY sales and 2019 outlook
    ** FY revenue up by 18 pct to EUR 1.88 bln; co sees sales up
by >10 pct in 2019  urn:newsml:reuters.com:*:nFWN1ZU0Z8
    ** Portzamparc calls the financial update "excellent" and
the outlook "attractive" - says FY sales outlook much above
consensus (>3 pct)
    ** For 2019, brokerage sees organic growth >10.3 pct and
operating result >80 basis points
    ** Stock on track for best day in 9-1/2 yrs

 ((michal.aleksandrowicz@tr.com))

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