Brief: Progress Werk Oberkirch Q3 revenue up at EUR 100.5 mln

PWO AG

03/11/2016 07:00

Nov 3 (Reuters) - Progress Werk Oberkirch AG  PWOG.DE : 
    * In Q3, group revenue increased to 100.5 million euros 
($111.78 million) (p/y: 97.9 million euros) 
    * 2016 forecast now considered to be conservative 
    * Currently remain by our forecast for 2016 fiscal year for 
slight revenue growth to around 410 million euros and a rise in 
EBIT before currency effects to 20 million euros 
    * Q3 net income for period, including currency effects of 
-0.3 million euros (p/y: -1.8 million euros), more than doubled 
to 3.6 million euros (p/y: 1.5 million euros) 
    * In third quarter total output rose to 105.3 million euros 
(p/y: 100.5 million euros) 
 
Source text for Eikon:  ID:nEQ3JNwzj  
Further company coverage:  PWOG.DE  
 
($1 = 0.8991 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))