Brief: Ferratum Oyj Ferratum Group Says Fy 2017 Ebit Up By 50.6% Y-O-Y

Multitude AG

15/03/2018 06:39

March 15 (Reuters) - Ferratum Oyj  FRU.DE :
    * DGAP-NEWS: FERRATUM OYJ: FERRATUM GROUP REPORTS RECORD Q4
2017
PERFORMANCE AND FULL YEAR 2017 REVENUE AT THE UPPER END OF
GUIDANCE
    * RECORD FY 2017 REVENUE OF EUR 221.6 MILLION - UP 43.8%
YEAR-ON-YEAR
    * RECORD Q4 2017 REVENUE OF EUR 60.6 MILLION - UP 33.2%
YEAR-ON-YEAR
    * FY 2017 OPERATING PROFIT (EBIT) OF EUR 31.8 MILLION - UP
50.6%
YEAR-ON-YEAR
    * IMPROVED EBIT MARGIN FOR FY 2017 OF 14.4% COMPARED TO
13.7% IN
2016
    * PROFIT BEFORE TAX (EBT) OF EUR 23.2 MILLION - UP 57.8%
YEAR-ON-YEAR
    * RECONFIRMS REVENUES FOR 2018 ARE EXPECTED TO BE WITHIN
RANGE OF
EUR 280 MILLION AND EUR 310 MILLION
    * GROWTH RATIO IN Q1 2018 IS EXPECTED TO BE BETWEEN 20% AND
30% -
BASED ON VERY STRONG Q1 2017
    * OPERATING PROFIT MARGIN (EBIT MARGIN) IN 2018 IS EXPECTED
TO BE
WITHIN RANGE OF 13% AND 16%

Source text for Eikon:  ID:nEQ8vwmKga 
Further company coverage:  FRU.DE 

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