Brief: Mensch und Maschine Software 9-mth net profit up at EUR 5.3 mln

Mensch und Maschine Software SE

23/10/2017 07:58

Oct 23 (Reuters) - MENSCH UND MASCHINE SOFTWARE SE  MUMG.DE : 
    * AT GROUP LEVEL NINE MONTHS SALES DROPPED TO EUR 115.47 MILLION (PY: 127.59 / -9.5%) 
    * 9MTH NET PROFIT AFTER MINORITY SHARES SOARED BY +22% TO EUR 5.31 MILLION 
    * FY NET PROFIT IS EXPECTED TO COME IN BETWEEN EUR 8.5 TO 9.3 MILLION 
    * ASSUMING WE ACHIEVE THESE TARGETS WE PLAN TO INCREASE DIVIDEND TO 45-50 CENTS 
    * OUTLOOK 2017: EBITDA TARGET RANGE OF EUR 17.5 TO 18.5 MILLION (PY: 15.76 / +11% TO +17% 
 
Source text for Eikon:  ID:nEQcc6jN0a  
Further company coverage:  MUMG.DE  
 
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