Brief: Ferratum Oyj 9-Month Group Revenue Of EUR 190.2 Million - Up 18.1% Year-On-Year

Multitude AG

15/11/2018 06:37

Nov 15 (Reuters) - Ferratum Oyj  FRU.DE :
    * FERRATUM OYJ: FERRATUM GROUP REPORTS GOOD OPERATIONAL
PROGRESS
IN THIRD QUARTER OF 2018
    * 9-MONTH GROUP REVENUE OF EUR 190.2 MILLION - UP 18.1%
YEAR-ON-YEAR
    * 9-MONTH PROFIT BEFORE TAX (EBT) OF EUR 15.1 MILLION - DOWN
14%
DUE TO UNFAVOURABLE CURRENCY FLUCTUATIONS
    * 9-MONTH OPERATING PROFIT (EBIT) OF EUR 26.8 MILLION - UP
12.7%
YEAR-ON-YEAR
    * NOW ESTIMATES REVENUES FOR FISCAL YEAR 2018 WILL RANGE
BETWEEN
EUR 260 MILLION AND EUR 265 MILLION
    * ESTIMATE FOR OPERATING PROFIT MARGIN (EBIT MARGIN) IS
RECONFIRMED WITHIN RANGE OF 13% AND 16%.
    * BOARD EXPECTS GROUP WILL ACHIEVE LOWER END OF PREVIOUSLY
PUBLISHED REVENUE GUIDANCE FOR FISCAL YEAR 2018
    * BOARD NOW ESTIMATES REVENUES FOR FISCAL YEAR 2018 WILL
RANGE
BETWEEN EUR 260 MILLION AND EUR 265 MILLION

Source text for Eikon:  ID:nEQbYfb39a 
Further company coverage:  FRU.DE 

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