Brief: Nabaltec FY EBIT At Record High Of EUR 18.3 Mln

Nabaltec AG

27/02/2018 09:00

Feb 27 (Reuters) - Nabaltec AG  NTGG.DE : 
    * 2017 REVENUES UP 5.9% TO EUR 168.6 MILLION DESPITE EXTRAORDINARY SITUATION IN US 
    * FY EBIT AT RECORD HIGH OF EUR 18.3 MILLION (2016: EUR 12.2 MILLION) 
    * EXPECTS REVENUE GROWTH IN MID-SINGLE DIGITS IN 2018 AND AN EBIT MARGIN IN HIGH SINGLE 
DIGITS 
    * START-UP PHASE FOR US SUBSIDIARY NASHTEC WILL HOLD DOWN EARNINGS IN 2018, WHICH WILL BE A 
TRANSITIONAL YEAR 
    * PRODUCTION AT US SUBSIDIARY NASHTEC TO RESUME IN 2018 
 
Source text for Eikon:  ID:nEQ2d7SwCa  
Further company coverage:  NTGG.DE  
 
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