Brief: Progress Werk Oberkirch Q1 group revenue rises to 117.1 mln euros

PWO AG

04/05/2017 07:00

May 4 (Reuters) - Progress Werk Oberkirch AG  PWOG.DE : 
    * PWO with strong revenue and earnings growth in Q1 2017 
    * Q1 overall, group revenue rose to 117.1 million euros 
(p/y: 103.7 million euros), and total output increased to 122.0 
million euros (p/y: 100.2 million euros) 
    * Q1 EBIT before currency effects grew to 5.6 million euros 
(p/y: 4.8 million euros), and 5.2 million euros including 
currency effects (p/y: 3.6 million euros) 
    * Q1 net income for period improved to 2.9 million  euros 
(p/y: 1.3 million euros) and earnings per share to eur 0.91 
(p/y: eur 0.42) 
    * Revenue and earnings growth in Q1 were well above growth 
rates forecast for entire 2017 fiscal year 
 
Source text for Eikon:  ID:nEQ5zVMqH  
Further company coverage:  PWOG.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))