Brief: Mensch und Maschine Software FY Net Profit Up 30 Pct At EUR 8.55 Mln

Mensch und Maschine Software SE

12/03/2018 10:07

March 12 (Reuters) - MENSCH UND MASCHINE SOFTWARE SE
 MUMG.DE :
    * PROFIT AND DIVIDEND TARGETS INCREASED FROM 2018 ONWARDS
    * SALES CAME IN AT EUR 160.85 MILLION (PY: 167.07 / -3.7%)
IN 2017
    * FY NET PROFIT AFTER MINORITY SHARES JUMPED TO EUR 8.55
MILLION
(PY: 6.59 / +30%)
    * DIVIDEND INCREASED BY 43% TO 50 CENTS
    * OPERATING PROFIT EBITDA  INCREASED TO EUR 18.04 MILLION
(PY:
15.76 / +14.5%)
    * MENSCH UND MASCHINE SOFTWARE - FOR 2018 EXPECTS GROSS
MARGIN AT
EUR 104-108 MILLION (+10-12%), EBITDA AT EUR 22-23 MILLION
(+22-28%)
    * FOR 2018 EXPECTS NET PROFIT AT EUR 11-12 MILLION (+30-40%)
    * PLAN TO RAISE DIVIDEND FOR 2018 TO 62-68 CENTS AND FROM
2019
ONWARDS ANNUALLY BY 15-20 CENTS

Source text for Eikon:  ID:nEQ42vscCa 
Further company coverage:  MUMG.DE 

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