Brief: Progress Werk Oberkirch Q2 revenue up at EUR 105.0 million

PWO AG

04/08/2016 07:00

Aug 4 (Reuters) - Progress Werk Oberkirch AG  PWOG.DE : 
    * Announces strong second quarter and first half of 2016 
    * Revenue in Q2 increased to 105.0 million euros ($116.96 million) (previous year: 101.2 
million euros), and total output rose to 110.0 million euros (previous year: 106.3 million 
euros) 
    * Q2 EBIT before currency effects climbed 25 percent to 6.6 million euros (previous year: 
5.3 million euros) 
    * Q2 net income for period including currency effects of -0.2 million euros (previous year: 
-1.4 million euros) and after financial expenses and income taxes increased to 3.5 million euros 
(previous year: 1.5 million euros) 
    * Confirms 2016 forecast of a slight improvement in revenue to around 410 million euros and 
an increase in EBIT before currency effects to a total of 20 million euros 
 
Source text for Eikon:  ID:nEQ6CQqdBa  
Further company coverage:  PWOG.DE  
 
($1 = 0.8977 euros) 
 
 (Gdynia Newsroom) 
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