Brief: Polytec Holding H1 EBIT Down At EUR 23.0 Million

Polytec Holding AG

08/08/2018 06:39

Aug 8 (Reuters) - Polytec Holding AG  POLV.VI :
    * H1 GROUP SALES FELL BY 5.6% TO EUR 328.7 MILLION
    * IN FIRST HALF OF 2018, POLYTEC GROUP EBITDA TOTALLED EUR 35.3 MILLION
    * H1 EBIT AMOUNTED TO EUR 23.0 MILLION (H1 2017: EUR 31.3 MILLION)
    * H1 FINANCIAL RESULT FELL TO MINUS EUR 1.5 MILLION (H1 2017: MINUS EUR 1.3 MILLION)
    * ASSUMES GROUP SALES OF AROUND EUR 650 MILLION FOR FINANCIAL YEAR 2018
    * ASSUMES EBIT (EARNINGS BEFORE INTEREST AND TAXES) OF AROUND EUR 45 MILLION FOR FINANCIAL
YEAR
2018
    * H1 GROUP EARNINGS AFTER TAX TOTALLED EUR 16.6 MILLION (H1 2017: EUR 22.6 MILLION)

Source text for Eikon:  ID:nPex8ZSzha 
Further company coverage:  POLV.VI 

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