Brief: Maschinenfabrik Berthold Hermle 9-mth Revenue Up 12.8% At EUR 316.6 Mln

Maschinenfabrik Berthold Hermle AG

14/11/2018 08:58

Nov 14 (Reuters) - Maschinenfabrik Berthold Hermle AG
 MBHG_p.F :
    * 9-MTH REVENUE +12.8 PCT AT 316.6 MLN EUROS
    * FROM JANUARY TO SEPTEMBER 2018, HERMLE'S ORDER INTAKE
INCREASED
GROUP-WIDE BY 17.5% TO EUR 369.8 MILLION (PREVIOUS YEAR: EUR
314.6 MILLION)
    * ORDER BACKLOG IN THE GROUP AT THE END OF SEPTEMBER 2018 AT
EUR
178.2 MILLION 
    * FOR THE FULL YEAR 2018 EXPECTS UPPER END OF THE FORECAST
CORRIDOR, WHICH ASSUMES MEDIUM TO HIGH SINGLE-DIGIT GROWTH IN
SALES AND EARNINGS
    * AS EXPECTED, FOR FY INCREASE IN EARNINGS DUE TO THE STRONG
PRICE
INCREASE FOR SOME RAW MATERIALS AND THE TARIFF INCREASE IS
LIKELY TO BE SLIGHTLY LOWER THAN SALES

    
 Source text - https://bit.ly/2OKZDHb
    
 Further company coverage:  MBHG_p.F  
   


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