Brief: R Stahl Q1 EBIT swings to loss of 4.0 mln euros
09/05/2017 05:59
May 9 (Reuters) - R STAHL AG RSL2.DE :
* R. STAHL AG: R. STAHL PUBLISHES FIGURES FOR Q1 2017: SOLID
INCREASE IN ORDER INTAKE, SALES STILL WEAK AS EXPECTED
* WITH EUR 75.8 MILLION, Q1 ORDER INTAKE WAS UP 7.0 PERCENT
(Q1 2016: EUR 70.8 MILLION) COMPARED TO PREVIOUS YEAR'S Q1
* FOR FISCAL YEAR 2017, EXECUTIVE BOARD EXPECTS ORDER INTAKE
IN REGION OF EUR 295 MILLION TO EUR 305 MILLION AND SALES OF
BETWEEN EUR 285 MILLION AND EUR 295 MILLION
* FOR FISCAL YEAR 2017 EBIT PRE EXCEPTIONALS IS EXPECTED TO
COME IN BETWEEN EUR 3.5 MILLION AND EUR 7.5 MILLION, DEPENDING
ON REVENUE RECOGNITION AND SALES MIX
* AS EXPECTED, LOW ORDER BACKLOG AT END OF PREVIOUS QUARTER
LED TO A DECLINE OF SALES BY 8.7 PERCENT TO EUR 65.5 MILLION IN
Q1 (Q1 2016: EUR 71.7 MILLION)
* Q1 EBIT OF EUR -4.0 MILLION (Q1 2016: EUR 3.3 MILLION)
Source text for Eikon: ID:nEQ2w3BX1
Further company coverage: RSL2.DE
(Gdynia Newsroom)
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