Brief: Polytec Holding Q1 sales up 13.3 pct at 178.3 million euros

Polytec Holding AG

08/05/2017 06:40

May 8 (Reuters) - POLYTEC HOLDING AG  POLV.VI : 
    * Q1 GROUP SALES ROSE BY 13.3% TO EUR 178.3 MILLION 
    * Q1 EBITDA INCREASED BY 47.8% TO EUR 22.8 MILLION, EBITDA 
MARGIN 12.8% 
    * Q1 EBIT WENT UP 69.9% TO EUR 15.9 MILLION, EBIT MARGIN 
8.9% 
    * Q1 NET PROFIT OF EUR 11.6 MILLION, WHICH WAS EUR 5.7 
MILLION, OR 97.2%, HIGHER THAN COMPARABLE FIGURE FOR 2016 
    * POLYTEC GROUP EXECUTIVE MANAGEMENT FORESEES SLIGHT GROWTH 
IN BOTH GROUP SALES AND OPERATING RESULTS IN 2017 FINANCIAL YEAR 
 
Source text for Eikon:  ID:nPexqnjT8a  
Further company coverage:  POLV.VI  
 
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