Brief: PWO expects new business volume for FY 2016 to reach EUR 700 mln

PWO AG

17/10/2016 07:00

Oct 17 (Reuters) - Progress Werk Oberkirch AG  PWOG.DE : 
    * PWO sets another record in new orders 
    * Orders in first nine months of 2016 already exceed volume 
in full 2015 fiscal year 
    * Forecast for new business in 2016 raised significantly 
    * Medium-term 2020 revenue and margin targets confirmed 
    * New business volume for 2016 fiscal year is now expected 
to reach 700 million euros 
    * At end of September 2016, achieved record new business 
volume once again with a total lifetime volume of 630 million 
euros ($705.66 million) 
 
Source text for Eikon:  ID:nEQRkC70  
Further company coverage:  PWOG.DE  
 
($1 = 0.8928 euros) 
 
 (Gdynia Newsroom) 
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