Brief: Nabaltec proposes dividend of EUR 0.15; Q1 EBIT EUR 4.0 mln
27/04/2017 09:00
April 27 (Reuters) - Nabaltec AG NTGG.DE :
* Confirms 2016 preliminary data and posts record-high revenues in the first quarter of 2017
* 2016 revenues of 159.2 million euros ($173.66 million) and EBIT of 12.2 million euros
confirmed
* Management and supervisory boards propose a dividend of 0.15 euro for 2016
* Good start to 2017 with preliminary EBIT of 4.0 million euros in Q1 (2016: 3.5 million
euros) and revenues of 43.6 million euros (2016: 41.2 million euros)
* Expects revenue growth in low single digits in 2017 and an EBIT margin in high single
digits
* Resumption of deliveries by Nashtec to US customers is planned for start of 2018
Source text for Eikon: ID:nEQ5jFq1D
Further company coverage: NTGG.DE
($1 = 0.9168 euros)
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