Brief: Progress Werk Oberkirch FY 2015 revenue up at EUR 404.6 mln

PWO AG

22/02/2016 07:00

Feb 22 (Reuters) - Progress Werk Oberkirch AG  PWOG.DE : 
    * Fiscal year 2015: revenue forecast achieved; clearly 
surpassed forecast for EBIT before currency effects 
    * Revenues for 2015 fiscal year amounted to 404.6 million 
euros ($449.75 million) (p/y: 381.1 million euros) 
    * FY EBIT reached 21.0 million euros before currency 
effects (p/y: 15.1 million euros) 
    * For 2016 forecast revenue of roughly 410 million euros 
and EBIT of 20 million euros 
    * 2016 revenue and EBIT forecasts are based on hedged 
exchange rates as per end of 2015 
    * Significant level of new business expected again in 2016 
    * FY net income reached 7.5 million euros (p/y: 7.3 million 
euros) 
 
Source text for Eikon:  ID:nEQ5WZwvca  
Further company coverage:  PWOG.DE  
 
($1 = 0.8996 euros) 
 
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